Nokia executives discussed with Gen. Philippe Lavigne, head of NATO’s Allied Command Transformation, several new possibilities for 5G military applications during a recent meeting at the ACT tasked with the alliance’s warfare capability development. According to a statement from the Norfolk, Virginia-based command, Lavigne’s discussions with Tommi Uitto, Nokia Mobile Networks president, and Mike Loomis,...
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January 18, 2024March 14, 2024Europe, FOCI, General News, Investment Security, Press Releases, Technology
Nokia Eyes $392M Investment in Two German Plants to Advance European Microelectronics Competitiveness
Finland-based network technology company Nokia said it plans to invest $392 million at its Ulm and Nuremberg manufacturing facilities in Germany to develop energy-efficient software and hardware. The investment is part of a European Commission Important Projects of Common European Interest initiative, with funding from Nokia, the German Federal Ministry of Economics and Climate Protection, and the...