Innovate And Dominate

TOR WENNSTROM/AFP-GETTY IMAGES

HANDS ON: Nokia is still on top, but Ollila needs to conquer new markets — or else

When you hear the phrase "tech-market domination," you probably think of Microsoft. But in the world of mobile phones, the name is Nokia: depending on whose numbers you believe, the Finnish giant sells up to a whopping 40% of the world's consumer cell phones, almost 180 million last year. Yet even mighty Nokia risks developing an achilles' heel — namely, the soon-to-be-hot corporate market. Fortune 500 companies are desperate for phones that double as computers so travelling execs can tap into corporate data from afar. "It's an important growth market, and Nokia is worried that the PC guys like Microsoft are...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!