More cost cutting
Former rubber boot maker Nokia is to slash 350 jobs in Finland as part of a cunning cost cutting plan.
One of the advantages of not being an American company
Finnish mobile telecom network maker Nokia announced on Wednesday that it had signed frame deals with China Mobile, China Telecom and China Unicom worth more than two billion euro.
5.85-inch HDR10 screen and Snapdragon 636 SoC
HMD Global has officially unveiled the new Nokia 7.1 smartphone, an affordable mid-range smartphone built around a decent 5.84-inch screen with a notch and powered by Qualcomm's Snapdragon 636 octa-core SoC, all for $349.
Wants 3 EUR per device
Nokia is one of the big three players that owns a significant portions of standard essential patents (SEP) for 5G and the company expects to charge around three Euro per device.
T-Mobile and Nokia
T-Mobile US has named Nokia as its supplier for $3.5 billion in next-generation 5G network gear.
Part of expansion outside networks
Former rubber boot maker and networking giant Nokia has written a cheque for software maker SpaceTime Insight, which industrial customers use to manage millions of devices and assets across their networks.
Claims it is the first to meet low-latency data processing demands of Cloud RAN
Nokia has launched an Edge Cloud data centre solution and claims it is the first to meet the stringent and diverse low-latency data processing demands of Cloud RAN and advanced applications for consumers and industries.
The former maker of rubber boots, Nokia, has cut 353 jobs in its home market Finland due to a weak global network market and as part of its global cost-savings plan.
Making sure no one sells it to the Chinese
Finland’s government investment arm Solidium has acquired a 3.3 percent stake in Nokia at a cost of about 844 million euro to strengthen government influence over the telecom network gear maker.
3.5Ghz and 28Ghz spectrum compliant
Nokia and Qualcomm have completed interoperability testing in the 3.5Ghz and 28Ghz spectrum compliant with the global 3GPP 5G NR Release 15 standard using the commercially available Nokia AirScale base station and device prototypes from Qualcomm Technologies.