October 30 - 12:10
249D
Nokia goes on 5G hiring spree
Nokia has recruited 350 engineers to speed up its 5G development. The telco confirmed on Wednesday that the jobs have been added in Finland over the course of this year. It slashed its profit outlook last week because of continued expenditure on 5G technology. The majority of the recruits were into Nokia's mobile networks unit, while other engineers are developing SoC integrated circuits.
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