Nokia Gives Google Nod for IT Infrastructure
Finnish telecoms equipment maker Nokia on Wednesday unveiled a five-year strategic tie-up with Google for the US giant to run its data centres and servers as well as numerous software …
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Nokia Cuts Profit Forecast and Revamps 5G Strategy Under New CEO Pekka Lundmark
Telecom equipment maker Nokia cut its full-year profit and margin forecasts on Thursday, sending its shares tumbling 13 percent as the Finnish company’s new chief executive overhauled its strategy to …
China’s technology sector faces new round of lay-offs as global firms Ericsson, Tesla, Amazon and Intel continue to shed jobs
Swedish telecommunications equipment maker Ericsson’s plans in China will involve cutting about 240 positions at its core network research and development (R&D) facility on the mainland, a company representative said …
IndyCar’s $1 Million Exhibition Race At A Club Track Was A Ridiculous Attempt To Recreate The Worst Parts Of Formula 1
If you watched IndyCar’s $1 million exhibition race at Thermal Club on March 24, 2024, you could be forgiven for thinking you’d tuned into a glorified advertisement for the California …
Sweden’s Ericsson denies exiting China market despite 5G equipment competition from Huawei, geopolitical tensions
Swedish telecoms equipment giant Ericsson denied that it is withdrawing from the China market, even as local rivals including Huawei Technologies pose growing challenges in the country’s 5G equipment industry. …
Nokia Posts Strong Results Boosted by Patent Payment From Huawei
Nokia posted better-than-expected quarterly profits on Thursday, boosted by a one-off patent payment from China’s Huawei, but said its network business was set for another year of decline, despite promising …
Nokia CEO Sees Big 5G Rollouts Nearly a Year Ahead of Schedule
Telecom operators are accelerating their timelines for the roll-out of next-generation 5G networks, lifting Nokia’s confidence of an uplift for its business this year, Chief Executive Rajeev Suri said on …
Nokia Gets on 5G Growth Path as New Sales Strategy Takes Shape
Finnish telecom network equipment maker Nokia on Thursday showed how its new strategy was driving growth in sales of network and 5G equipment, helping to boost first-quarter revenue and profit …
Huawei Said to Be on Telecom Italia Plans to Be Dropped From Italy 5G Network
Telecom Italia is looking to cancel a contract with Huawei for supplying equipment to build part of the telecom firm’s 5G network in Italy, three sources close to the matter …
DoT Gives Go Ahead for 5G Trials in India, Doesn’t Include Huawei Among Participants
India will allow mobile carriers to carry out 5G trials with equipment makers including Ericsson, Nokia, and Samsung’s network unit, the government said on Tuesday, but did not name China’s …