Latest Huawei Technologies Co Ltd News

Nokia sales and profit drop as economic challenges lead to cutback on 5G investment

Jan. 25, 2024 06:08 AM EST

HELSINKI (AP) — Nokia on Thursday reported a double-digit decline in sales and a fall in profit in the last three months of 2023, with the wireless and fixed-network equipment maker saying operators are cutting back on investments into 5G and other technology because of economic uncertainty. ...