Nokia rewarded by investors for beating profit expectations
Sales at Finnish kit vendor Nokia didn’t grow much in Q2 22, and gross margin declined, but profit was up and consequently so is its share price.
Sales at Finnish kit vendor Nokia didn’t grow much in Q2 22, and gross margin declined, but profit was up and consequently so is its share price.
Finnish kit vendor Nokia’s profits for the first quarter of 2022 clocked in at €219 million, down from €263 million YoY, but the firm says it is still on track to hit its yearly targets.
The Telecommunications Industry Association (TIA) is on a mission to turn the phrase ‘securing the telecoms equipment supply chain’ from a soundbite into something a little more tangible.
Russia is suspected to be behind a sustained cyber campaign against multiple U.S. government agencies by compromising a piece of software from SolarWinds.
The European Commission has released an update regarding progress to improve resiliency of 5G supply chains, finding 13 member states are failing to move at an adequate pace.
It might be a case of preparing so much for tomorrow that the challenges of today are overlooked, at least that is the opinion of BT and Vodafone.
With Huawei’s fate looking increasingly fragile as the US attempts to chop and chip at its supply chain, the vendor has stated it has the stockpile and capacity to meet all existing commercial contracts.
The rationale for US aggression against China has never been fully validated, but that is seemingly irrelevant as its sanctions increasingly push the UK to make an uncomfortable choice.
The FCC has officially designated Huawei and ZTE as threats to national security, barring any telecoms operator using federal funds to purchase or maintain equipment from the vendors.
Rumours have emerged to suggest Huawei has asked suppliers to halt production of components as it assesses the damage inflicted by political tension.
Running through various newspapers as full-page adverts, Huawei has written an open letter to validate its position in the UK, but that is unlikely to be enough to remove the ‘high risk vendor’ label.
UK telco Three has announced the appointment of Carlo Melis as Chief Network Officer just as the Huawei saga starts to rear its head once again.
Speaking at this years’ virtual Huawei Analyst Summit, Rotating Chairman Guo Ping hit back at the US, suggesting it will only do more damage to itself by pursing its current course.
With muted success in combating the sustained success of the Huawei juggernaut, the US has revealed its latest offensive play; attack the vendors semiconductor supply chain.
Whether it’s important, depressing or just entertaining, the telecoms industry is always one which attracts attention.
Having recovered from the impact of Huawei’s entry onto the Entity List, the semiconductor industry has been dealt another blow with COVID-19 impacting supply chains and product launches.
Having forced the hand of the GSMA to cancel this years’ Barcelona bonanza, the coronavirus is now making itself known in Korea.
Almost three years ago, Apple decided it could get by without Imagination Technologies as a supplier, but 2020 gets off to a flier for the UK chip firm resigning a licencing agreement.
If the objective of the White House was to destroy Huawei by undermining its supply chain, the strategy is seemingly heading towards failure.
If you thought the UK’s Supply Chain Review was coming to an end, think again as policy makers have been given more food for thought as part of the 5G infrastructure and national security inquiry.
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The satellite comms arm of Richard Branson's extremely eclectic empire, Virgin Orbit, has laid off the bulk of its hhttps://t.co/aCOPgfjzeC
31 March 2023 @ 11:26:32 UTC
Smartphone makers need to tread carefully in their hunt for elusive growth opportunities this year. https://t.co/3X7jSL6cgT
31 March 2023 @ 09:24:44 UTC