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Nokia lowers cost cut target to invest in 5G and digitalization
https://www.reuters.com/article/us-nokia-costs/nokia-lowers-cost-cut-target-to-invest-in-5g-and-digitalization-idUSKBN1ZD18B
The Finnish telecoms equipment maker Nokia lowered its cost savings target to 500 million euros ($557 million) from the previous 700 million by the end of 2020 to invest more in 5G technology and digitalization, it said on Tuesday.