Existing Internet applications often require a large viewing area to obtain the full experience from the application. By adding mobility, Nokia is creating an unparalleled web-surfing experience which adds value and enables many new applications. The first generation of these products will provide end users with simple, easy to use, instant mobile access to the web, via a home wireless network. Given the rapid developments in broadband wireline and wireless communications technologies, the Nokia Mobile Display Appliances venture provides excellent new opportunities for Nokia to serve emerging digital industries.
Mr. Timo Ellilä, Head of Business Development commented: "Nokia Mobile Display Appliances is an exciting development which fits well with Nokia's expertise and long term strategy as a key player in the Mobile Information Society. These mobile display appliances will provide end users with a unique Internet experience."
Nokia Mobile Display Appliances is a part of the Nokia Ventures Organization and will work in close cooperation with several other Nokia units.
Nokia Ventures Organization explores new business areas, facilitating future growth and boosting Nokia's product and long term business development. To date, Nokia Ventures Organization includes Nokia Internet Communications, Nokia Home Communications, Nokia Mobile Display Appliances, Nokia Venture Fund and the Nokia Venturing unit.
About Nokia
Nokia is paving the way to the mobile information society with its innovative products and solutions. The company is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks, related services as well as multimedia terminals. In 1999, Nokia's net sales totaled EUR 19.8 billion (USD 19.9 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 55 000 people.