Latest Huawei Technologies Co Ltd News

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

Jul. 18, 2024 03:49 AM EDT

HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia Thursday 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. The Espoo, Finland-based company reported a net...