诺基亚战略重组与2026年业绩目标引关注

Core Insights - Nokia is undergoing a strategic restructuring, consolidating its operations into two main segments: network infrastructure and mobile infrastructure, effective January 1, 2026. This restructuring aims to provide clearer performance data for investors starting from the first quarter of 2026 [2] Financial Performance - Nokia has set a comparable operating profit target of €2 billion to €2.5 billion for 2026, with a focus on growth driven by AI and cloud services, particularly in optical networks and IP networks [3] - The board has proposed a dividend of €0.14 per share for 2025, with future dividend policies dependent on free cash flow performance, which was €1.5 billion in 2025 [5] Strategic Initiatives - Nokia announced a partnership with NVIDIA in the fourth quarter of 2025, focusing on AI-native networks and 6G research. The progress of this collaboration and its impact on network transformation will be critical to monitor [4]