Nokia Corporation (NOK) reported weaker-than-expected first-quarter 2025 results, with both bottom and top lines missing the Zacks Consensus Estimate. The company's top line decreased year over year, primarily owing to declining trends in the Nokia Technologies segment. However, healthy free cash flow and solid traction in the Network Infrastructure, Cloud and Network Services segments are positives.NOK’s Net IncomeNokia reported a net loss of €60 million ($63 million) or a loss of €0.01 (a penny) per share ...

Financial Performance - Nokia's Q1 2025 net sales experienced a year-on-year decline of 3% on a constant currency and portfolio basis[17][42] - The company's Q1 2025 gross margin was 423%[15] - Nokia reported a Q1 2025 operating margin of 36%, a decrease of 990 basis points year-on-year[16] - Strong free cash flow (FCF) was reported at EUR 07 billion, with a net cash position of EUR 30 billion after the Infinera acquisition[9][16] Business Segment Highlights - Network Infrastructure experienced strong growth of 11%, with Optical Networks growing by 15%[9][24] - Cloud and Network Services grew by 8%, driven by strong demand for 5G core[9][33] - Mobile Networks stabilized with 2% growth[9][28] Nokia Technologies - Nokia Technologies experienced a challenging year-on-year comparison due to over EUR 400 million of catch-up net sales in Q1 2024[41] - Continued execution in Nokia Technologies led to a contracted run-rate of EUR 14 billion[41] Strategic Initiatives - The Infinera acquisition closed in Q1, targeting EUR 200 million of operating profit synergies by 2027[10] - Optical Networks market share was 26% on a proforma basis in 2024, with sales growth of 15% in Q1[11] Outlook - Nokia's full year 2025 outlook remains unchanged, with a comparable operating profit target of EUR 19 billion to EUR 24 billion[8][47] - The company anticipates a 50% to 80% conversion of comparable operating profit to free cash flow for the full year 2025[47]

[Q1 2025 Performance Overview](index=3&type=section&id=Q1%202025%20Performance%20Overview) Nokia's Q1 2025 performance saw a net sales decline, influenced by prior-year licensing and a one-time charge, alongside strategic acquisitions and varied segment profitability [CEO Commentary](index=3&type=section&id=CEO%20Commentary) The new President and CEO highlighted Nokia's strong technology base and potential for expansion, noting a net sales decline primarily due to prior-year licensing catch-up revenue - The new CEO's early focus is on capital allocation to drive efficiency and invest in growth segments for long-term value creation[6](index=6&type=chunk) - The Infinera acquisition was completed in Q1, enhancing Nokia's scale in Optical Networks and with hyperscalers, with integration underway and strong initial order intake[7](index=7&type=chunk)[10](index=10&type=chunk) - Q1 net sales declined **3%** (constant currency), but grew **7%** excluding the prior-year licensing catch-up revenue[9](index=9&type=chunk)[42](index=42&type=chunk) - Mobile Networks' profitability was impacted by a one-time contract settlement with a net impact of **EUR 120 million**, related to a project from 2019[11](index=11&type=chunk)[44](index=44&type=chunk) [Financial Highlights](index=3&type=section&id=Financial%20Highlights) Nokia's Q1 2025 reported net sales were EUR 4,390 million, with a significant drop in comparable operating margin to 3.6%, resulting in EUR 0.03 comparable diluted EPS, yet generating strong free cash flow Q1 2025 Key Financial Metrics | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | **Net Sales (Reported)** | EUR 4,390 million | EUR 4,444 million | -1% | | **Net Sales (Constant Currency & Portfolio)** | | | -3% | | **Comparable Gross Margin** | 42.3% | 50.5% | -820 bps | | **Comparable Operating Margin** | 3.6% | 13.5% | -990 bps | | **Comparable Diluted EPS** | EUR 0.03 | EUR 0.09 | -67% | | **Reported Diluted EPS** | EUR -0.01 | EUR 0.08 | | | **Free Cash Flow** | EUR 0.7 billion | | | | **Net Cash Balance** | EUR 3.0 billion | EUR 5.1 billion | -42% | [Financial Results Analysis](index=13&type=section&id=Financial%20Results%20Analysis) Nokia's Q1 2025 financial results show a net sales decline and reduced profitability, with varied regional performance and significant cash flow impact from the Infinera acquisition [Overall Financial Performance (Q1 2025 vs Q1 2024)](index=13&type=section&id=Overall%20Financial%20Performance%20%28Q1%202025%20vs%20Q1%202024%29) In Q1 2025, Nokia's reported net sales decreased by 1% to EUR 4,390 million, with comparable gross margin falling to 42.3% and operating profit decreasing by 74%, primarily due to Nokia Technologies and a Mobile Networks charge Q1 2025 vs Q1 2024 Financial Performance (Comparable) | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | EUR 4,390 million | EUR 4,444 million | -1% | | Gross Profit | EUR 1,857 million | EUR 2,246 million | -17% | | Gross Margin % | 42.3% | 50.5% | -820 bps | | Operating Profit | EUR 156 million | EUR 600 million | -74% | | Operating Margin % | 3.6% | 13.5% | -990 bps | | Profit for the period | EUR 153 million | EUR 512 million | -70% | - The decline in comparable operating profit was driven by lower gross profit and higher operating expenses from targeted investments for long-term growth, with venture fund investments also generating a loss of approximately **EUR 30 million**[62](index=62&type=chunk)[63](index=63&type=chunk) [Net Sales Analysis](index=17&type=section&id=Net%20Sales%20Analysis) Nokia's net sales varied significantly by region and customer type, with strong growth in the Americas and APAC, but a decline in EMEA, and notable growth in CSP and Enterprise sales offset by a drop in Licensee revenue [By Region](index=17&type=section&id=By%20Region) Net Sales by Region (Constant Currency & Portfolio YoY Change) | Region | Q1 2025 YoY Change (CC & Portfolio) | | :--- | :--- | | **Americas** | **+18%** | | - North America | +21% | | - Latin America | -4% | | **APAC** | **+12%** | | - India | +73% | | - Greater China | -18% | | - Rest of APAC | -8% | | **EMEA** | **-21%** | | - Europe | -25% | | - Middle East & Africa | -6% | [By Customer Type](index=17&type=section&id=By%20Customer%20Type) Net Sales by Customer Type (Constant Currency & Portfolio YoY Change) | Customer Type | Q1 2025 YoY Change (CC & Portfolio) | | :--- | :--- | | Communications service providers (CSP) | +3% | | Enterprise | +27% | | Licensees | -52% | | Other | -90% | - The strong growth in the Enterprise segment was driven by both hyperscale and other enterprise customers, particularly in Network Infrastructure[97](index=97&type=chunk) [Cash Flow Performance](index=19&type=section&id=Cash%20Flow%20Performance) Nokia generated a positive free cash flow of EUR 721 million in Q1 2025, but its net cash position decreased by EUR 1.9 billion, primarily due to the approximately EUR 2.3 billion impact of the Infinera acquisition - Free cash flow was positive **EUR 721 million** in Q1 2025[69](index=69&type=chunk)[105](index=105&type=chunk) - Net cash decreased by **EUR 1,866 million** sequentially, ending the quarter at **EUR 2,988 million**[69](index=69&type=chunk) - The Infinera acquisition had a total impact of approximately **EUR 2.3 billion** on the net cash position, consisting of **EUR 990 million** cash payment, **EUR 785 million** in convertible bonds, and **EUR 550 million** in related share buybacks[109](index=109&type=chunk) - Net cash from operating activities was **EUR 890 million**, driven by adjusted profit and a cash inflow from net working capital of **EUR 610 million**, primarily from a decrease in receivables[106](index=106&type=chunk)[110](index=110&type=chunk) [Business Segment Analysis](index=14&type=section&id=Business%20Segment%20Analysis) This section provides a detailed analysis of Nokia's Q1 2025 performance across its key business segments, highlighting sales trends and profitability drivers [Network Infrastructure](index=14&type=section&id=Network%20Infrastructure) Network Infrastructure delivered strong Q1 2025 performance with 11% constant currency net sales growth across all units, and improved operating margin to 7.8%, boosted by the Infinera acquisition Network Infrastructure Q1 2025 Performance | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | EUR 1,722 million | EUR 1,439 million | +20% | | Net Sales (CC & Portfolio) | | | +11% | | Operating Profit | EUR 135 million | EUR 85 million | +59% | | Operating Margin % | 7.8% | 5.9% | +190 bps | - Optical Networks net sales grew **15%** (constant currency & portfolio), reflecting improved demand, particularly from hyperscalers in North America[75](index=75&type=chunk) - IP Networks net sales increased **7%** (constant currency), led by double-digit growth from enterprise and hyperscale customers[74](index=74&type=chunk) - Fixed Networks net sales grew **9%** (constant currency), driven by fixed wireless access deployments in India and fiber investment in North America[76](index=76&type=chunk) [Mobile Networks](index=15&type=section&id=Mobile%20Networks) Mobile Networks' net sales grew 2% constant currency in Q1 2025, driven by North America, but profitability was severely impacted by a one-time EUR 120 million contract settlement charge, leading to an -8.8% operating margin Mobile Networks Q1 2025 Performance | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | EUR 1,729 million | EUR 1,682 million | +3% | | Net Sales (CC) | | | +2% | | Operating Loss | EUR (152) million | EUR (32) million | +375% | | Operating Margin % | -8.8% | -1.9% | -690 bps | - Gross margin declined by **1,000 bps**, mostly due to a one-time contract settlement with a net impact of **EUR 120 million** related to a customer project that started in 2019[81](index=81&type=chunk) - Net sales growth was driven by the Americas (**+24% CC**), particularly North America, while EMEA declined (**-10% CC**)[79](index=79&type=chunk)[80](index=80&type=chunk) [Cloud and Network Services](index=15&type=section&id=Cloud%20and%20Network%20Services) Cloud and Network Services reported strong 8% constant currency net sales growth driven by Core Networks, with a significant turnaround in operating margin to 2.5% due to higher gross profit and stable operating expenses Cloud and Network Services Q1 2025 Performance | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | EUR 567 million | EUR 546 million | +4% | | Net Sales (CC & Portfolio) | | | +8% | | Operating Profit/(Loss) | EUR 14 million | EUR (37) million | N/A | | Operating Margin % | 2.5% | -6.8% | +930 bps | - Growth was mainly driven by strength in Core Networks, with the difference between reported (**+4%**) and constant currency & portfolio growth (**+8%**) due to divestments in early 2024[83](index=83&type=chunk) - Gross margin increased by **650 bps** to **45.9%**, driven by top-line growth and margin expansion in both Core and Applications businesses[84](index=84&type=chunk) [Nokia Technologies](index=16&type=section&id=Nokia%20Technologies) Nokia Technologies' net sales declined 52% constant currency in Q1 2025 due to a high prior-year comparison base, but the business continues to execute, signing new deals and increasing its contracted annual net sales run-rate to approximately EUR 1.4 billion Nokia Technologies Q1 2025 Performance | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | EUR 369 million | EUR 757 million | -51% | | Net Sales (CC) | | | -52% | | Operating Profit | EUR 259 million | EUR 658 million | -61% | | Operating Margin % | 70.2% | 86.9% | -1670 bps | - The sales decline was due to more than **EUR 400 million** in catch-up net sales recognized in Q1 2024[86](index=86&type=chunk) - The annual net sales run-rate has increased to approximately **EUR 1.4 billion**[88](index=88&type=chunk) - New patent license agreements were signed with Amazon and other smaller companies during the quarter[87](index=87&type=chunk) [Group Common and Other](index=16&type=section&id=Group%20Common%20and%20Other) Net sales for Group Common and Other declined by 83% in Q1 2025 due to reduced sales from RFS divestments, and the operating loss widened, primarily driven by a loss of approximately EUR 30 million from venture fund investments Group Common and Other Q1 2025 Performance | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net Sales | EUR 4 million | EUR 23 million | | Operating Loss | EUR (99) million | EUR (75) million | - The decline in operating result was primarily driven by a loss of approximately **EUR 30 million** from Nokia's venture fund investments[91](index=91&type=chunk) [Outlook and Shareholder Distribution](index=6&type=section&id=Outlook%20and%20Shareholder%20Distribution) Nokia maintains its full-year 2025 outlook, forecasting comparable operating profit and free cash flow, while proposing a dividend and completing a share buyback program [Full Year 2025 Outlook](index=6&type=section&id=Full%20Year%202025%20Outlook) Nokia maintained its full-year 2025 outlook, including the Infinera acquisition impact, forecasting comparable operating profit between EUR 1.9 billion and EUR 2.4 billion, and 50% to 80% free cash flow conversion Full Year 2025 Outlook | Metric | Full Year 2025 Guidance | | :--- | :--- | | Comparable operating profit | EUR 1.9 billion to EUR 2.4 billion | | Free cash flow | 50% to 80% conversion from comparable operating profit | Full Year 2025 Underlying Assumptions | Assumption | Full Year 2025 | | :--- | :--- | | Group Common and Other operating expenses | ~ EUR 400 million | | Comparable financial income and expenses | Positive EUR 50 to 150 million | | Comparable income tax rate | ~25% | | Cash outflows related to income taxes | EUR 500 million (updated) | | Capital Expenditures | EUR 650 million (updated) | - The company expects a potential short-term disruption from tariffs, with an estimated **EUR 20 to 30 million** impact on comparable operating profit in Q2, but has not made assumptions for the second half of the year[14](index=14&type=chunk) [Shareholder Distribution](index=6&type=section&id=Shareholder%20Distribution) Nokia's Board proposed a dividend of up to EUR 0.14 per share for FY2024, payable in four installments, and completed a share buyback program of 150 million shares for approximately EUR 703 million to offset Infinera dilution - The Board proposes a maximum dividend of **EUR 0.14 per share** for the 2024 financial year, to be distributed in four installments[18](index=18&type=chunk) - A share buyback program to offset dilution from the Infinera deal was completed, with **150 million shares** repurchased for approximately **EUR 703 million**[19](index=19&type=chunk) [Sustainability Initiatives](index=20&type=section&id=Sustainability%20Initiatives) Nokia advanced its sustainability strategy in Q1, achieving SBTi validation for net-zero targets, showcasing energy-efficient solutions, and making progress in industrial digitalization and digital inclusion - **Environment:** Nokia's net-zero by 2040 target was validated by SBTi, focusing on energy efficiency, showcasing a Virtual Power Plant solution, and recognized as a leader in Scope 3 emissions management[113](index=113&type=chunk)[114](index=114&type=chunk)[116](index=116&type=chunk) - **Industrial Digitalization:** Nokia was selected by TenneT to provide optical networking for offshore wind platforms and partnered with Hetzner to upgrade its data center network for better energy efficiency[119](index=119&type=chunk)[120](index=120&type=chunk) - **Security and Privacy:** Formed a strategic partnership to advance Quantum-Safe Networks (QSN) and signed a deal with Fibrus to deploy the Nokia Deepfield solution for network protection against cyber threats[121](index=121&type=chunk)[122](index=122&type=chunk) - **Bridging the Digital Divide:** Announced new fiber-to-the-home deals and launched 'Broadband Easy', an automated platform to accelerate fiber optic deployments, especially in rural areas[123](index=123&type=chunk)[124](index=124&type=chunk) - **Responsible Business:** For the seventh time, Nokia was named one of the World's Most Ethical Companies® by Ethisphere[125](index=125&type=chunk) [Corporate Governance and Other Information](index=21&type=section&id=Corporate%20Governance%20and%20Other%20Information) This section covers significant corporate events including CEO transition and the Infinera acquisition, outlines AGM proposals, and details key risk factors affecting future performance [Significant Events](index=21&type=section&id=Significant%20Events) The first quarter of 2025 was marked by significant corporate changes, including a CEO transition and the completion of the Infinera Corporation acquisition to enhance optical networks business - Justin Hotard was appointed President and CEO, effective April 1, 2025, succeeding Pekka Lundmark[128](index=128&type=chunk) - The acquisition of Infinera Corporation was completed on February 28, 2025, to improve scale and profitability in optical networks[129](index=129&type=chunk) [AGM Proposals](index=21&type=section&id=AGM%20Proposals) For the Annual General Meeting, the Board proposed a dividend of up to EUR 0.14 per share, re-election and election of Board members, and authorization for share repurchases and issuance - Proposal to authorize a dividend of up to **EUR 0.14 per share**[130](index=130&type=chunk) - Proposal to re-elect eight current Board members and elect two new members: Pernille Erenbjerg and Timo Ihamuotila[130](index=130&type=chunk) - Proposal to authorize the Board to repurchase and issue a maximum of **530 million shares**[130](index=130&type=chunk) [Risk Factors & Forward-Looking Statements](index=7&type=section&id=Risk%20Factors%20%26%20Forward-Looking%20Statements) The report outlines numerous risks and uncertainties that could affect Nokia's performance, including competitive intensity, supply chain issues, macroeconomic factors, geopolitical conflicts, and patent licensing agreement timing - Key operational risks include competitive intensity, customer investment changes, and supply chain disruptions for components like semiconductors[26](index=26&type=chunk) - Macroeconomic risks include inflation, currency fluctuations, tariffs, and geopolitical conflicts[26](index=26&type=chunk) - Business-specific risks involve the timing and value of patent licensing agreements, litigation outcomes, and the ability to successfully integrate acquisitions like Infinera[26](index=26&type=chunk) [Financial Statements and Notes](index=23&type=section&id=Financial%20Statements%20and%20Notes) This section presents Nokia's unaudited Q1 2025 consolidated financial statements, detailed notes, and explanations of alternative performance measures used for business analysis [Consolidated Financial Statements](index=23&type=section&id=Consolidated%20Financial%20Statements) The report includes condensed, unaudited consolidated financial statements for Q1 2025, covering the Income Statement, Statement of Comprehensive Income, Statement of Financial Position, Statement of Cash Flows, and Statement of Changes in Shareholders' Equity Condensed Consolidated Income Statement (Reported) | EUR million | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net sales | 4,390 | 4,444 | | Gross profit | 1,824 | 2,210 | | Operating (loss)/profit | (48) | 405 | | (Loss)/profit for the period | (60) | 438 | | Diluted EPS (EUR) | (0.01) | 0.08 | Condensed Consolidated Statement of Financial Position | EUR million | 31 March 2025 | 31 Dec 2024 | | :--- | :--- | :--- | | Total assets | 39,261 | 39,149 | | Total equity | 20,819 | 20,747 | | Total liabilities | 18,443 | 18,402 | | Net cash and interest-bearing financial investments | 2,988 | 4,854 | [Notes to Financial Statements](index=28&type=section&id=Notes%20to%20Financial%20Statements) The notes provide detailed explanations for the financial statements, including segment reporting changes, Infinera acquisition accounting, discontinued operations, regional sales, pension plans, and provisions - **Infinera Acquisition:** The total purchase consideration was **EUR 2.5 billion**, with provisional goodwill of **EUR 872 million** attributed to the acquired workforce and anticipated synergies[24](index=24&type=chunk)[172](index=172&type=chunk)[175](index=175&type=chunk) - **Discontinued Operations:** The Submarine Networks business (Alcatel Submarine Networks) is presented as a discontinued operation, recording a loss of **EUR 13 million** in Q1 2024, with no profit or loss in Q1 2025[67](index=67&type=chunk)[178](index=178&type=chunk)[179](index=179&type=chunk) - **Provisions:** A significant addition of **EUR 186 million** was made to warranty provisions, primarily due to a contract settlement for a customer project that began in 2019[204](index=204&type=chunk) [Alternative Performance Measures (APM)](index=37&type=section&id=Alternative%20Performance%20Measures%20%28APM%29) Nokia uses several non-IFRS measures, including comparable results and constant currency metrics, and introduced "constant currency and portfolio net sales growth" in Q1 2025 to better reflect underlying performance - Nokia introduced a new APM, "constant currency and portfolio net sales growth", to adjust for both currency impacts and portfolio changes like the Infinera acquisition[25](index=25&type=chunk)[71](index=71&type=chunk)[208](index=208&type=chunk) Reconciliation of Reported to Comparable Operating Profit (Q1 2025) | EUR million | Amount | | :--- | :--- | | **Reported operating (loss)/profit** | **(48)** | | Amortization of acquired intangible assets | 97 | | Restructuring and associated charges | 64 | | Transaction and related costs | 23 | | Release of acquisition-related fair value adjustments | 19 | | Impairment and write-off of assets | 1 | | **Comparable operating profit** | **156** |

Nokia Corporation Stock Exchange Release 23 April 2025 at 16:00 EEST Nokia cancels repurchased shares With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights Nokia (NOK) as a potentially undervalued stock based on various financial metrics [2][8]. Group 1: Value Investing Strategy - Value investing focuses on identifying companies that are undervalued by the market using fundamental analysis and traditional valuation metrics [2]. - The Zacks Rank system and Style Scores are tools used to identify high-quality value stocks, with a specific focus on the "Value" category for value investors [3]. Group 2: Nokia's Financial Metrics - Nokia (NOK) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - NOK's Forward P/E ratio is 13.90, significantly lower than the industry average of 23.51, with historical values ranging from 8.67 to 15.03 over the past year [4]. - The PEG ratio for NOK is 6.18, compared to the industry average of 8.29, with a historical range of 0.92 to 6.68 [5]. - NOK's P/S ratio is 1.32, which is lower than the industry average of 1.94, indicating better performance relative to sales [6]. - The P/CF ratio for NOK is 11.27, well below the industry average of 40.41, suggesting it is undervalued based on cash flow [7]. Group 3: Overall Assessment - The combination of these metrics suggests that Nokia is likely undervalued, making it one of the strongest value stocks in the market based on its earnings outlook [8].

Core Insights - Nokia Corporation is scheduled to release its first-quarter 2024 results on April 24, with adjusted earnings from the last reported quarter at 19 cents per share [1] Financial Performance - The company is expected to experience revenue contraction year over year due to intense competition, macroeconomic challenges, and inventory corrections [2] - Total revenue for the March quarter is estimated at $4.62 billion, down from $5.07 billion in the prior-year quarter, with adjusted earnings per share projected at 6 cents, a decrease from 10 cents in the previous year [8] Strategic Developments - Nokia completed the divestiture of its submarine networks business to the French State, aligning with its strategy to focus on core Network Infrastructure business [3] - The company has signed multi-year patent license agreements with Samsung and Amazon, which are expected to positively impact its upcoming results [5] Product Innovations - Nokia launched a new digital platform, Broadband Easy, to streamline broadband rollout, and introduced a Wi-Fi 7-enabled compact 5G indoor gateway, FastMile Gateway 4, enhancing consumer experience [6] Revenue Estimates - The Zacks Consensus Estimate for revenues from Mobile Networks is €1.7 billion, indicating 5.9% year-over-year growth, while Network Infrastructure revenues are estimated at €1.5 billion, also reflecting 5.9% growth [7]

Core Insights - Nokia Corporation has signed an agreement with ResetData to enhance Australia's AI infrastructure, focusing on compliance with national security and data sovereignty [1] - ResetData's AI Factories utilize liquid immersion cooling technologies, achieving up to 10 times more efficiency than traditional setups, with 40% lower cloud costs and 45% lower emissions [2] - Nokia's 7750 Service Router will provide the necessary speed and reliability for AI operations, supporting connectivity with speeds up to 800Gb/s [2] Group 1: Strategic Positioning - Nokia is well-positioned in the technology cycle due to its comprehensive end-to-end portfolio and growing installed base of high-capacity AirScale products, facilitating quick upgrades to 5G [3] - The company aims to create new business opportunities by transitioning customers to demand-driven operations, enhancing programmability and automation [4] - The collaboration with ResetData is expected to enhance Nokia's capabilities in delivering efficient AI infrastructure while addressing high-capacity connectivity demands [5] Group 2: Market Impact - Nokia's advancements in AI technology and 5G applications are expected to bolster its market position and drive incremental revenue through similar future agreements [6][7] - The company holds a substantial portfolio of approximately 20,000 patent families, including over 6,000 critical to 5G technology, establishing a strong foundation for innovation [6] - The partnership with ResetData is anticipated to strengthen Nokia's status as a leading telecommunications equipment provider in the region [7]

Core Insights - Nokia has been selected by ResetData to provide a networking backbone for its sovereign 'AI Factory' data centers across Australia, aiming to enhance the cloud services market which saw a 19% year-on-year increase in 2024 [1][9]. Group 1: Technology and Efficiency - ResetData's AI factories utilize liquid immersion cooling technology, making them up to 10 times more efficient than legacy designs, while also reducing cloud costs by 40% and emissions by 45% [2][9]. - The Nokia 7750 Service Router, based on the FP5 platform, offers super-fast, reliable, and secure performance, achieving a 75% reduction in energy consumption compared to previous generations [3][9]. Group 2: Strategic Partnerships and Market Position - ResetData is backed by Centuria Capital Group and is focused on delivering AI, machine learning, and large language model capabilities on-shore and on-demand, emphasizing the importance of sovereign AI for Australia's international competitiveness [3][5]. - Nokia's IP portfolio is designed to meet the stringent demands of AI infrastructure, combining speed, capacity, reliability, cost-efficiency, and sustainability, making it a preferred choice for modern data centers [6][9].

Core Insights - Nokia has been selected by ResetData to provide a networking backbone for its sovereign 'AI Factory' data centers across Australia, aiming to enhance the cloud services market which saw a 19% year-on-year increase in 2024 [1][9] - ResetData's AI factories utilize liquid immersion cooling technology, making them up to 10 times more efficient than legacy designs, with potential to reduce cloud costs by 40% and emissions by 45% [2][9] - The deployment of Nokia's 7750 Service Router will facilitate the establishment of these AI factories, starting in Melbourne's CBD, while achieving a 75% reduction in energy consumption compared to previous generations [3][9] Company and Industry Developments - ResetData is backed by Centuria Capital Group and is focused on delivering on-shore AI, machine learning, and large language model capabilities, emphasizing the importance of sovereign AI for Australia's international competitiveness [5] - Nokia's IP portfolio is designed to meet the stringent demands of AI infrastructure, combining speed, capacity, reliability, cost-efficiency, and sustainability, making it a preferred choice for modern data centers [6][10] - The partnership between Nokia and ResetData is positioned to revolutionize data center operations and support the immediate rollout of sustainable AI cloud solutions across Australia [1][6][9]

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 编译自 allaboutcircuits ，谢谢。 西门子、诺基亚、英飞凌、安森美和 Black Semiconductor 正在进行有针对性的收购，以扩大其在 制造、连接和先进材料方面的能力。 多家大型半导体公司已宣布多项收购，旨在巩固其在关键技术领域的地位。从支持人工智能的光网 络到汽车以太网，再到下一代 PCB 工作流程，这些交易体现了公司持续致力于简化产品开发流程、 拓展邻近市场并确保长期增长的努力。以下是近期这些举措及其对行业的影响。 01 西门子收购 DownStream Technologies 西门子收购了 Downstream Technologies，该公司致力于开发用于生产 PCB 设计的软件。这为西门 子提供了更强大的工具来支持 PCB 设计与生产之间的交接，尤其适用于需要更紧凑的工作流程且不 增加复杂性的中小型企业。 Downstream 的工具——CAM350、BluePrint-PCB 和 DFMStream——专注于在设计数据进入工厂 之前对其进行清理和验证。这些工具有助于及早发现问题，减少手动步骤，并生成制造商正确构建 电 ...