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Thursday, July 18, 2024

Nokia sees double-digit fall in Q2 profit, sales in weak 5G market but sees improved 2nd half


Wireless and fixed-network equipment maker Nokia has reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G technology.

source https://www.seattletimes.com/business/nokia-sees-double-digit-fall-in-q2-profit-sales-in-weak-5g-market-but-sees-improved-2nd-half/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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