纵观2025全年，诺基亚按固定汇率计算的净销售额增长2%，实现可比营业利润20亿欧元，自由现金流 达15亿欧元。 智通财经APP获悉，诺基亚公司(NOK.US)周四公布2025年第四季度财报，按固定汇率计算，其季度净 销售额同比增长3%至61亿欧元，符合公司预期。这一增长主要得益于网络基础设施与移动网络业务的 扩张，抵消了其他业务板块的下滑。 这家芬兰电信设备制造商的季度可比营业利润为10.6亿欧元，较去年同期的10.9亿欧元略有下降。可比 营业利润率下滑90个基点至17.3%，公司表示主要源于在网络基础设施领域的增长性投资，包括对近期 收购的英菲尼拉(Infinera)的整合。 该季度诺基亚的可比稀释每股收益为0.16欧元，稀释每股收益为0.10欧元。期末，公司净现金余额为34 亿欧元。 公司董事会已提议2025财年每股派息0.14欧元。 展望未来，诺基亚发布了2026年财务指引，目标可比营业利润介于20亿至25亿欧元之间。公司预计网络 基础设施业务在2026年的净销售额将增长6%至8%，与其长期目标保持一致。 诺基亚同时宣布，已于第四季度完成对其在华合资企业的全资控股，此举导致5亿欧元的净现金流出。 诺基 ...

CEO万思瀚 视频截图 "如果欧洲希望像美国和中国一样吸引投资，就必须加把劲。"万思瀚指出，诺华正在美国投入数十亿美 元建设新工厂、加大研发，他希望欧洲国家"重视我们的药品，重视它们对患者产生的价值"。 【文/观察者网 王一】1月19日至23日在瑞士达沃斯举行的世界经济论坛，吸引了来自全球各行各业的 800多名企业高管参加。据美国彭博社24日报道，从生物制药、人工智能（AI）到国防领域，多名跨国 企业高管向欧洲发出严厉警告：把自己捯饬好，否则将在竞争中输给中国和美国。 这些高管指出，从过度监管、臃肿的官僚体系，到无法有效整合约4.5亿人口的统一大市场，欧洲在多 项结构性问题上长期积弊未解，正面临在未来产业中掉队的风险。他们呼吁，欧洲必须形成更加统一的 战略，集中资源，提升整体竞争力。 "意大利造一艘护卫舰，法国、西班牙、瑞典、德国、英国再各自造一艘，毫无意义。"意大利芬坎蒂尼 集团首席执行官（CEO）皮耶罗贝托·福尔杰罗（Pierroberto Folgiero）直言，"我们确实需要增加国防投 入，但更重要的是把钱花得更好，我们必须共享平台和项目。" 报道指出，尽管这些问题长期困扰欧洲企业，但在美国总统特朗普 ...

资料显示，三维通信股份有限公司位于浙江省杭州市滨江区火炬大道581号，成立日期1993年5月13日， 上市日期2007年2月15日，公司主营业务涉及电信设备制造及互联网广告传媒业务。主营业务收入构成 为：互联网营销业务90.27%，网优覆盖业务4.81%，卫星通信业务2.12%，通信设施运营业务1.96%，其 他(补充)0.84%。 从基金十大重仓股角度 数据显示，平安基金旗下1只基金重仓三维通信。平安中证2000增强策略ETF（159556）四季度持有股 数7300股，占基金净值比例为0.49%，位居第五大重仓股。根据测算，今日浮盈赚取约5256元。 平安中证2000增强策略ETF（159556）成立日期2023年12月27日，最新规模1892.05万。今年以来收益 8.11%，同类排名1767/5542；近一年收益39.51%，同类排名1871/4256；成立以来收益31.49%。 1月22日，三维通信涨5.36%，截至发稿，报14.15元/股，成交13.42亿元，换手率12.94%，总市值114.76 亿元。 截至发稿，李严累计任职时间2年30天，现任基金资产总规模112.78亿元，任职期间最佳基金回报 ...

欧美关税威胁再现，引发避险需求，金银价格早盘创新高！港股三大指数低开，恒指跌0.76%，国指跌 0.76%，恒生科技指数跌0.77%。权重科技股普遍下跌，其中阿里巴巴跌2.53%，小米、美团跌1.2%；热 门的AI应用概念股继续跌势，内房股走低，碧桂园大跌超10%。另外，金银价格创新高，黄金股领衔有 色金属股上涨，电信设备股长飞光纤光缆大涨10.5%。(格隆汇) ...

2023年，爱立信曾宣布一项全球裁员计划，拟削减8500个岗位，约占其员工总数的8%。此后裁员行动 持续推进，去年该公司在西班牙和加拿大裁减了数百名员工。 智通财经APP获悉，电信设备制造商爱立信(ERIC.US)计划在其本土瑞典裁减约1600个工作岗位，这是 其更广泛削减运营成本计划的一部分。爱立信在周四的一份声明中表示，公司已通知瑞典劳动部门，并 已与工会展开谈判。爱立信发言人表示，该公司在瑞典约有12,600名员工，这意味着此次裁员将影响其 在瑞典约13%的员工。该公司在全球范围内共雇佣约9万名员工。发言人称，集团层面还将采取进一步 的"效率提升措施"，但这些措施不会另行单独对外公布。 去年，在剥离呼叫路由业务Iconectiv之后，爱立信第三季度利润同比增长逾一倍，达到158亿瑞典克朗 (约合16.7亿美元)。该公司将于1月23日公布第四季度业绩。 总部位于斯德哥尔摩的爱立信近年来一直致力于削减成本并改善利润率，以应对低迷的电信设备市场。 与其北欧竞争对手诺基亚(NOK.US)一样，由于此前市场预期的运营商5G技术支出迟迟未能兑现，爱立 信多年来一直面临需求疲软的困境。 ...

Core Viewpoint - The company, Hengxin Technology (01085), has announced a conditional agreement to sell a 39% stake in its wholly-owned subsidiary, Jiangsu Hengxin Technology Co., Ltd., to Hengtong Group Co., Ltd. for a cash consideration of RMB 500 million, aimed at strategic divestment to focus on high-growth opportunities [1] Group 1 - The sale is part of a strategic move to divest a portion of the wireless communication business due to underperformance of the company's shares [1] - The company is focusing on high-growth opportunities in its remaining business segments [1] - The board considered the growth prospects of the business being sold and the fairness and reasonableness of the sale price [1]

Core Viewpoint - The European Commission is exploring measures to force member states to remove Huawei and ZTE equipment from telecom networks, potentially pressuring non-EU countries by withholding funding for projects using Huawei technology [1][3]. Group 1: EU's Actions and Proposals - The European Commission's Executive Vice President, Margrethe Vestager, aims to upgrade the 2020 recommendation to stop using "high-risk suppliers" into legally binding regulations [1]. - If the proposal becomes law, non-compliance by member states could lead to infringement lawsuits and economic penalties [1][4]. - The Commission is also considering measures to discourage non-EU countries from relying on Chinese suppliers, including denying funding for projects involving Huawei [3]. Group 2: Industry Reactions and Market Impact - Following the news, shares of Nokia and Ericsson saw significant increases, with Nokia rising by 5% and Ericsson by 3.7% [4]. - There is a growing trend in Europe to impose stricter restrictions on Chinese suppliers, with countries like Germany and Finland considering similar actions [4]. - The inconsistency among EU member states regarding the use of Chinese suppliers poses significant security risks, according to hawkish voices within the EU [4]. Group 3: Security Concerns and Counterarguments - The EU's focus on the risks posed by Chinese telecom equipment manufacturers stems from concerns about national security and control over critical infrastructure [3][5]. - China has strongly opposed the EU's claims, arguing that Huawei and ZTE have operated in Europe for years without compromising security and have contributed positively to the telecom sector [5][9]. - Spain's government has defended its contract with Huawei, asserting that it poses no security risks and complies with national security standards [9].

Core Insights - Ericsson has signed an 8-year contract worth 12.5 billion Swedish Krona (approximately 9.467 billion RMB) with Vodafone Three to provide 5G communication equipment in the UK [1][4] - Vodafone Three was formed from the merger of Vodafone and CK Hutchison's Three UK, and plans to invest 11 billion GBP (approximately 105.64 billion RMB) over the next 10 years to establish an advanced independent 5G network in Europe [1][4] - Vodafone Three is now the largest operator in the UK with approximately 28.8 million users [1] Group 1 - The contract positions Ericsson as a major supplier for the core network across the UK, providing hardware, software, and solutions [4] - Ericsson will introduce new 5G products, including AI and energy-optimized hardware, to enhance data speeds for customers in London, Edinburgh, Cardiff, and Belfast [4] - Nokia is also a supply partner for Vodafone Three, providing equipment for around 7,000 sites in the UK [4]

Core Viewpoint - The Indian government is emphasizing the urgency of achieving self-sufficiency in the telecommunications sector amid deteriorating relations with the U.S. [1][5] Group 1: Government Policy - The Indian Ministry of Telecommunications (DoT) has requested major private operators Reliance Jio, Bharti Airtel, and Vodafone Idea to submit a roadmap for increasing the use of domestically manufactured equipment [1] - If the operators do not comply voluntarily, the government may issue mandatory directives to enforce compliance within a specified timeframe [1] - The policy aims to impact foreign telecom equipment manufacturers such as Cisco, Nokia, Ericsson, and Samsung [1] Group 2: Industry Response - The three major operators have tentatively agreed to the DoT's request but have stipulated that domestic products must be competitively priced and of comparable quality to foreign products [1][2] - Currently, the use of domestic products by these operators is very limited, primarily due to insufficient production capacity from local manufacturers [6] - Vodafone Idea and Bharti Airtel have been sourcing equipment from Indian companies like Sterlite Technologies and HFCL, but face challenges due to low production volumes [6] Group 3: Geopolitical Context - The new policy comes at a time of heightened geopolitical risks, particularly following the U.S. imposing a 25% tariff on Indian goods, raising the total tariff rate on Indian exports to the U.S. to 50% [5] - There is a growing sentiment in India against U.S. products, with calls for a boycott gaining traction among the public [5] Group 4: Historical Context - This is not the first time the Indian government has pushed for "Make in India" initiatives in the telecom sector, having previously mandated state-owned BSNL to use only domestic equipment, which has led to ongoing difficulties for the company [6] - Experts warn that if private operators are held to the same standards as state-owned BSNL, the entire telecom industry could face significant challenges [6]

Group 1 - The Indian government is pushing for self-sufficiency in the telecommunications sector amid deteriorating relations with the US, highlighting the urgency of the situation [1][3] - The Indian Ministry of Telecommunications (DoT) has requested major private operators, including Reliance Jio, Bharti Airtel, and Vodafone Idea, to submit a roadmap for increasing the use of domestically manufactured equipment [1][3] - If the operators do not comply, the government may issue mandatory directives, which could impact foreign telecom equipment manufacturers such as Cisco, Nokia, Ericsson, and Samsung [1][3] Group 2 - The three major operators have agreed in principle to increase the use of domestic equipment but have stipulated that these products must be competitively priced and of comparable quality to foreign alternatives [1][4] - The Indian government is considering applying the new regulations only to new orders, avoiding additional financial burdens on already strained telecom operators [1][4] - The current use of domestic products by the major operators is minimal, primarily due to the insufficient production capacity of local manufacturers [4] Group 3 - The Indian government has previously attempted to promote the use of domestic products in the telecom sector but faced challenges, particularly with state-owned operator BSNL, which struggled under similar requirements [4] - Industry experts warn that if private operators are held to the same standards as state-owned companies, the entire telecom sector could face significant challenges [4]