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 ... Read More

Nokia Oyj (NOK)

Nokia CorporationManagers ... 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. Read More

M&A News: Nokia Is Buying Infinera for $2.3B

Moreover, it will enhance its competitiveness in optical technology ... The combined business is expected to help Nokia achieve a double-digit operating margin in its optical network business. Read More

Nokia Earnings Expected to Fall, Guidance Could Be Lowered -- Earnings Preview

NET PROFIT: The Finnish telecom-equipment company is expected to report comparable net profit of 280 million euros ($305.1 million) in the second quarter, from EUR414 million a year earlier, according ... Read More

China's software, IT service industry sees double-digit growth in revenue, profits

China's software and information technology service industry reported double-digit year-on-year growth in terms of both revenue and profits in the first four months of 2024, official data showed. This ... Read More

Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm

Nokia NOKIA-4.97%decrease; red down pointing triangle agreed to acquire Infinera INFN-0.99%decrease; red down pointing triangle in a deal valued at $2.3 billion as it pins more resources to its ... Read More

Wheat Gets Double Digit Bounce from Export Sales Data and Profit Taking

Wheat futures took a day off from the relentless selling, posting double digit gains ... and futures market data. Since then, we have evolved into a global financial technology leader providing ... Read More

Nokia reports 32% drop in profit but sees recovery in 2nd half

Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the ... Read More

D-Wave’s Quantum Workforce Development Initiative Sees Double-Digit Growth in 1H 2024

today announced that enrollment in its quantum training courses has experienced double-digit growth in the first six months of 2024, compared to the same period in 2023. Enrollment in the ... Read More

Nokia Mobile Phones

At Digit it is our goal to help Indian technology users decide what tech products they should buy. We do this by testing thousands of products in our two test labs in Noida and Mumbai, to arrive ... Read More

Nokia sees double-digit fall in profit and sales due to weak 5G market

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 ... Read More

China's software, IT service industry sees double-digit growth in revenue, profits

China's software and information technology service industry reported double-digit year-on-year growth in terms of both revenue and profits in the first five months of 2024, official data showed. Read More