Nokia
Nokia posts quarterly profit miss, flags disruption from Trump’s tariffs
Comparable operating profit fell to 156 million euros (S$232.7 million) in the first quarter of 2025Published Thu, Apr 24, 2025 · 02:49 PM[HELSINKI] Nokia reported first-quarter profit well below...
Nokia to gain unconditional EU nod for US$2.3 billion Infinera deal: sources
The European Commission is scheduled to finish its preliminary review of the deal by Feb 26NOKIA is set to secure unconditional EU antitrust clearance for its US$2.3 billion acquisition...
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump...
Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts: sources
NOKIA has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs across Europe as...
Nokia Q3 profit beats expectation, sees signs of recovery
FINNISH telecom equipment supplier Nokia on Thursday (Oct 17) reported a 9 per cent rise in third-quarter operating profit, and echoed rival Ericsson in seeing demand recovery in some...
Nokia mobile networks assets said to draw Samsung interest
Nokia’S mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics amid increasing pressure to find new growth in the troubled telecom equipment sector, people with knowledge...
Nokia Q2 profit falls 32% on weak demand for telecom gear
FINNISH telecom equipment maker Nokia said on Thursday (Jul 18) that its operating profit fell 32 per cent in the second quarter, as demand for 5G telecom equipment remained...
Nokia to buy networking company Infinera in US$2.3 billion deal
NOKIA has agreed to acquire Infinera Corp. in a transaction valuing the maker of optical telecommunications equipment at US$2.3 billion including debt.The cash-and-stock deal will value Infinera at US$6.65...
