Nokia Returns to Computer Market

Finland
Technology
Consumer Electronics
Computers
3 min read

Updated By: History Editorial Network (HEN)
Published: 
Updated:
Nokia, a prominent name in the mobile phone industry, experienced a peak in its global market share in 2008, reaching 38.6 percent. This period marked a significant phase for the company as it sought to diversify its product offerings beyond mobile phones. In line with this strategy, Nokia made a strategic acquisition of Trolltech, a software development company known for its Qt framework, which was intended to enhance Nokia's software capabilities. The Qt framework played a crucial role in Nokia's plans until it was eventually sold in 2012. Amidst these developments, Nokia made a brief re-entry into the computer market with the launch of the Booklet 3G netbook. This netbook was introduced as a compact and portable computing solution, aimed at consumers looking for mobility and connectivity. Although the Booklet 3G was part of Nokia's efforts to expand its product line, it did not achieve lasting success in the competitive netbook market, which was dominated by other brands at the time.
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Primary Reference
Nokia