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Nokia is selling its Gainspeed portfolio to Vecima Networks
Read this new portfolio sale, which of course Nokia Corporation has driven and sold its Gainspeed portfolio, along with all supporting technologies and devices, to Vecima Networks in Canada. Based in Victoria, Canada, Vecima is a leader in the development of integrated hardware and scalable software solutions for broadband access, content delivery and telematics. The financial terms of the transaction were not disclosed by the parties.
HMD Global will receive a $ 230 million Strategic Investment
HMD Global, the maker of Nokia smartphones and gaming phones, has officially announced that the company has received a strategic investment worth $ 230 million. The most important part of the news is that as soon as we learned, Google, Qualcomm and Nokia Corporation are the biggest investors.
Nokia's new CEO outlines neutral stance in superpower technical wars
(Bloomberg) - Pekka Lundmark, CEO of Nokia Corporation, said the Finnish network manufacturer respects geopolitics as the technology industry becomes more and more involved in trade and political conflicts.
HMD Global Alain Lejeune is the company’s new global operations manager
HMD Global has announced that Alain Lejeune will be appointed to the company’s new global operations management position with the title of new corporate CEO. Joining the company, Alain has more than 25 years of experience in telecommunications, mobile phones and consulting. At HMD Global, he oversees all operations and will lead the company’s engineering and logistics department. He will report directly to Florian Seiche, CEO of HMD Global.
Nokia shares rise in China
The rise in Nokia shares, as seen by several sources, is on the rise in China. Nokia’s stock rose 15% as the telecom maker issued full-year guidelines after announcing unexpected second-quarter earnings growth.
Will lower revenues weaken Nokia's second-quarter earnings?
I’ve read more and more Nokia stocks and estimates in recent days because unfortunately they were quarantined for five days. I had to take a PRC virus test which of course became negative. I live in London where I was infected with the Covid-19 virus in January ... Read on for another stock market analysis shared by Yahoo Finance. Nokia Corporation’s NOK report for the second quarter of 2020 results will be released on July 31, before the opening bell. At the end of March, the company’s earnings per share were in line with the Zacks Consensus estimate.
There are four reasons to buy Nokia shares
Also, read the analysis below that shows you four reasons why you should buy Nokia shares. 5G leader with stronger quarterly results, new company management and director Pekka Lundmark, Nokia significantly improved cash from operations, 2 live network deployments ... etc.
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