Nokia changes its logo to mark the start of a new era- Check out in detail

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With the first part of the plan over, Nokia will now focus on accelerating and it's changing its logo for the first time in 60 years to signal the strategy shift.

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Nokia is ditching the blue color and it's replacing it with whatever is more appropriate given the situation, meaning no specific color scheme is assigned.

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Lundmark said that Nokia is no longer just a smartphone company, but a "business technology company"

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In addition to growing its telecom equipment business, Nokia is going to focus on selling gear to other businesses.

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Those include private 5G networks and equipment for automated factories, which would position the company as a competitor to Microsoft and Amazon in the field.

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Lundmark mentioned that Nokia is considering developing and growing in other areas as well.

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The new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of colors depending on the use.

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Major technology firms have been partnering with telecom gear makers such as Nokia to sell private 5G networks and gears for automated factories to customers

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