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

The Finland-based company reported a 20% fall in net profit for the April-June period.

By: BreakingNews.ie

Jul 18 2024
34
4659 Views

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

Nokia sees double-digit fall i

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 hold off investments in 5G technology.
The Finland-based company reported a net pro... [1662 chars]

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