Nokia hires 350 workers to speed up 5G development
Telecom network equipment maker Nokia has hired hundreds of engineers in Finland this year to speed up its 5G development, the company said on Wednesday.
The Finnish company, rival to Sweden’s Ericsson and China’s Huawei, slashed its 2019 and 2020 profit outlook last week, saying profit would come under pressure as the company spends more to fend off rivals in the fast-growing 5G networks business.
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