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Nokia profit hit as clients wary of spending on new networks

Nokia profit hit as clients wary of spending on new networks

6 years ago
Anonymous $RBasgWKaIV

https://phys.org/news/2018-07-nokia-profit-clients-wary-networks.html

Nokia Corp. expects investments in the new 5G mobile equipment to pick up significantly in the second half of the year. CEO Rajeev Suri said the company was "well-positioned for the coming technology cycle given the strength of our end-to-end portfolio."

Suri noted Nokia has already succeeded in winning early 5G market deals in China and the U.S.