Nokia changes logo for first time in 60 years
Nokia changed logo: For the first time in the period of 60 years, Finnish tech multinational Nokia has changed its logo as it focuses on faster growth and signals a new strategy shift.
The new iconic logo is association of variety of colors depending on placement.
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The classic shade of blue will no longer be used by Nokia as Nokia is no longer just a smartphone company, but a business technology company also.
The change for replacing the logo comes after Pekka Lundmark took over Nokia's telecom equipment arm, the CEO laid out a three-phase plan - reset, accelerate and scale.
Meanwhile, Nokia also concentrate on selling equipment to other businesses in addition to expanding its telecom equipment business.
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These include tools for automated manufacturing and private 5G networks, which would put the business in direct competition with Microsoft and Amazon in the market. Nokia is contemplating expanding and developing in further sectors, mentioned Lundmark, as per sources.
- ANI
