Nokia to close Chicago and New York Flagship stores

on 12/09/2009, filed in Home > CellPhones

Guess Nokia’s London flagship store isn’t the only one that will close shop – Chicago and New York flagship stores will also shut down three years after they opened back in 2006. Guess there will be a bunch of disgruntled workers who will experience a rather drab Christmas, but it makes economic sense at this time considering how battered Nokia’s bottomline has become over the past years with a steady decline.

Nokia: Nokia is a Finnish communications company that was the largest phone vendor (per unit) between 1988 to 2012. The company's history go back to 1871 but the Nokia that we know today (the Nokia corporation) was founded in 1967 by the merger of three Finnish companies. It is then that Nokia worked on networking equipment and was ultimately involved in the launch of the first cellular network in 1981 (Mobira Oy). Nokia because a key developer of GSM, the standard that we all know today. Although Nokia still produces a range of phones that includes entry-level handsets and Symbian smartphones, the company is counting on the Windows Phone OS to regain the share that it once had. The current flagship Windows Phone device from Nokia is the Lumia 920.

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