Nokia's reinvention strategy faces its biggest test
It will complete US$16.6b takeover of rival Alcatel-Lucent in early 2016; move is seen as key to years-long makeover
Espoo, Finland
TUCKED away down a corridor at Nokia's headquarters here is a reminder of its 150-year history. A colourful display traces its transformation from a maker of rubber boots in the 19th century to the world's largest manufacturer of cellphones, whose market capitalisation once peaked at almost US$250 billion.
Those high-flying days, though, are long gone.
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