Valitettavasti en usko että tuo tekoäly olisi tästä perillä. Mikäli tällaisesta olisi kyse, olisi Nokia laittanut isosti jo aiemmin kaikki paukut asiaan. Ja muistetaan Nokian vuotuinen liikevaihto ohjaus yksikölle… Q4 tuloksen aikaan vuotuinen runrate 1300-1400 M €, ja pidempiaikainen target 1400-1500 M €. Ja tässä pidemmässä targetissa on yhtenä mukana myös tämä Amazon tapaus.
ChatGPT arvioi mielestäni järkevällä tavalla.
NOK Dominates the 6G Race
Since NOK’s inception of 6G R&D at Nokia Bell Labs in 2019, NOK has strategically positioned itself to dominate the 6G telecommunications landscape upon commercialisation.
Firstly, NOK has one of the most formidable IP foundations, giving it a substantial head start in 6G development. In FY24, NOK reached a milestone of 7,000 patent families declared as essential to 5G and has licensed its patents to more than 250 companies. NOK’s stellar reputation and results in telecommunications R&D has already established an initial strong foundation for 6G innovation.
Building on its existing research, NOK has also been leading the 6G charge, maintaining an annual R&D budget exceeding €4B. NOK’s sustained investment has positioned it at the forefront of pre-standardisation work for 6G across a wide variety of regions:
APAC: NOK has formed an exclusive 6G research partnership with South Korean telecom giant KT, focusing on Open RAN technology for 6G and ultra-broadband wireless access using candidate 6G frequencies. Other alliances include SK Telecom and LG. This enables NOK to capitalise on South Korea’s ambitions to commercialise 6G 2 years earlier by 2028.
North America: NOK has also been selected to lead major 6G initiatives in collaboration with industry organisations, government agencies and academia. A positive sign of progress is in NOK’s current field testing with AT&T, distributing massive MIMO technology compared to Ericsson which is still struggling with limited Open RAN progress.
Europe: NOK wields a chokehold on the EU 6G ecosystem, with dominance across all research aspects. In terms of standardisation, NOK chairs 8 of 15 6G working groups in comparison to Ericsson with only 3, effectively controlling EU broadband standardisation. Within the European Smart Networks and Services Joint Undertaking (SNS JU), a public-private partnership aimed at spearheading leadership in 6G, NOK dominates a significant portion of SNS JU leadership roles while Huawei is entirely excluded. NOK also prevails in academic partnerships, collaborating with a distinguised list of universities.
I believe NOK has a competitive 6G architecture moat that few competitors can match in scale or sophistication, enabling it to capture significant market share at ~30% when 6G commercialises.
End Notes
Ultimately, NOK is a company with strong diversification fundamentals and improving profitability attributed to aggressive cost-cutting measures. I believe this results in a short-term mispricing opportunity with a price target of $6.85 per share (3-year time horizon). In the long-term, I envisage NOK’s 6G leadership to catapult it back into glory, supporting my “Buy” rating targeting $14.52 per share.
Nokia Oyj (NYSE:NOK) is a Finland-based technology company that specializes in telecommunications equipment, networks, and related technologies. The company offers a range of solutions across cloud and network services, mobile networks, and network infrastructure. Nokia Oyj (NYSE:NOK) ranks among the best stocks under $10 to buy now.
·13h
Ciena claims a two-year head start in the market for 1.6 terabits-per-second optical, but Nokia and Infinera are coming. Read more on Light Reading: https://bit.ly/3Edwxj8
Chat-Jurpon tietoa määristä mitä myyty, eli takautuvaa hyvää voi olla myös tulossa aikanaan 
Over the past five years, Acer and Asus have experienced fluctuations in their annual laptop shipments and revenues. Similarly, Hisense has shown significant growth in its global television shipments during this period. Below is a summary of the available data:
Acer Laptop Shipments and Revenues:
| Year | Shipments (Million Units) | Revenue (Billion USD) |
|---|---|---|
| 2017 | 17.087 | 7.44 |
| 2018 | 15.729 | 7.60 |
| 2019 | 17.040 | 7.35 |
| 2020 | 20.008 | 8.69 |
| 2021 | 24.383 | 10.00 |
| 2022 | 18.483 | 8.64 |
Note: Revenue figures are converted from New Taiwan Dollars to USD.
Asus Laptop Shipments and Revenues:
| Year | Shipments (Million Units) | Revenue (Billion USD) |
|---|---|---|
| 2017 | 17.952 | 14.5 |
| 2018 | 15.537 | 14.3 |
| 2019 | 14.449 | 11.7 |
| 2020 | 16.424 | 11.4 |
| 2021 | 21.473 | 14.0 |
| 2022 | 20.616 | 19.2 |
Note: Revenue figures for Asus are sourced from Forbes.
Hisense Global TV Shipments:
| Year | Shipments (Million Units) | Global Market Share (%) | Ranking |
|---|---|---|---|
| 2022 | 24.54 | Not specified | 2nd |
| 2023 | 25.9 | Not specified | 2nd |
| 2024 | 29.14 | 14.06 | 2nd |
Note: Specific shipment data for 2020 and 2021 are not provided in the available sources.
These figures illustrate the varying performance of Acer and Asus in the laptop market, as well as the consistent growth of Hisense in the global television market over the past five years
Alcatelin nimissä tulossa lisenssirahaa Intiasta kohtapuolin…
Nokia’s new CEO Justin Hotard steps in at a pivotal time for the telco, bringing vital AI and data centre expertise in a turbulent tech landscape. Today, Justin Hotard begins his tenure as Nokia’s new CEO. He brings to the table a wealth of specialised expertise in AI and data centre technologies from his previous leadership role at Intel, where he headed its Data Centre and AI Group.
Now, as the technology landscape has evolved, Nokia is keen on positioning itself more prominently at the nexus of telecommunications and computing — domains increasingly governed by AI-driven applications that require advanced network capabilities. At Nokia, Justin has identified AI as a key growth vector, describing the current trend as an “AI supercycle”. “The AI supercycle is presenting tremendous growth opportunities,” he says. “First in Network Infrastructure, we are seeing massive early demand in the AI supercycle, for data centre builds.” This emphasis on network infrastructures reflects the intense requirements that AI applications impose on data centres, which need advanced computing power and robust connectivity solutions to manage the enormous data volumes necessary for AI systems to function optimally.
With more than two decades of experience — including prominent roles at Intel, Hewlett Packard Enterprise (HPE) and NCR Corporation — Justin is equipped to steer Nokia through these complex challenges. His AI and data centre expertise match the strategic focus that Nokia’s board deems essential for the company’s future growth.
Justin sees this technological shift as a catalyst for fundamental changes among Nokia’s core customers — Communication Service Providers (CSPs). “I believe in our Communication Server Provider market, our core CSP customers are also going to transform," he says. “We saw this transformation in the internet era when they went from voice to data – and that means there’s a great opportunity for our fixed infrastructure but more importantly for our Mobile Networks and Cloud and Network Services businesses. “Beyond our core markets, there’s a great emerging opportunity, in areas like defence and the enterprise and edge – and that’s because connectivity is no longer an option. “AI, robotics, agentic AI — these are all creating new demands on secure, reliable connectivity.”
“For companies to win in a time period like today, when the pace of innovation is so fast, it’s critical that companies not only reinvent themselves, but stay focused – and what I mean by that is focused on their core technology, their core innovation, their core value-add for their customers.” Justin describes himself as a “techno-optimist” but also emphasises the need to balance technological advancement with human needs and shareholder returns. “I’m most excited about joining Nokia to help lead the company to its next chapter,” he says. “We’ve got tremendous assets, tremendous technology – but it’s also about making sure we maximise the opportunity in front of us with the market – and I believe we have a great team to build that next chapter and next story.” https://technologymagazine.com/ai-and-machine-learning/the-future-of-nokia-with-its-new-ceo-justin-hotard
2 April 2025
Espoo, Finland – Nokia and Bharti Airtel are expanding their partnership with the deployment of Nokia’s Packet Core appliance-based and Fixed Wireless Access solutions for providing a better network experience for Airtel’s growing 4G/5G customer base. The solution will help seamlessly integrate 5G and 4G technologies into a single set of servers. Nokia’s FWA will provide additional capacities for home broadband and enterprise-critical application services. Airtel will use Nokia’s automation framework to realise zero-touch service launch and efficient lifecycle management for core network functions to enhance its ability to deliver new services faster while reducing network operational costs.
- Belgian syyttäjänvirasto tutkii, onko Huawei lahjonut meppejä 5G-hankkeensa edistämiseksi Euroopassa.
- Epäilyjä kohdistuu noin 15 meppiin, mutta heitä ei voi tutkia, ennen kuin heidän parlamentaarinen koskemattomuutensa puretaan.
- EU:n petostentorjuntavirasto OLAF sai epäilyistä vihjeen, mutta ei aloittanut tutkintaa lahjuksista.
- OLAFin pääjohtaja Ville Itälä sanoo, että virasto ei löytänyt mitään konreettista epäilyjen tueksi.
Nyt on jo löydetty konkretiaa epäilyjen tueksi, toisin kuin vuonna 2022. Hyvin on aikaisemmin pyritty rikokset peittämään, mutta lopulta jälkiä jää. Epäilen itse että kerrotut 15 000 euron lahjukset ovat lopulta vain jäävuoren huippu.
Popparikulho on jo esiin kaivettu ja ihmettelen jollei tämä tuo lopulta muutoksia siihen miten Huawein annetaan Euroopassa toimia.
EU:ssa korruptiota…
With this, the government’s stake in the company increases from 22.6% to 48.99%, making it the single largest stakeholder in the company.
Meniköhän Handelsbanken tavoitehinnallaan piikkipaikalle 
“Handelsbanken nostaa Nokian tavoitehinnan 7,00 euroon (aik. 6,80 euroa), suositus pysyy lisää-tasolla”
Ja tässä Handelsbankenin perusteita:
Vi förväntar oss inte att Nokia kommer att ha några större störningar kopplade till amerikanska tullar, då bolaget har stor flexibilitet i produktionen. Vi bedömer att det starka momentumet för Network Infrastructure kommer att fortsätta, och i kombination med Infinera, patentavtalet med Amazon och nettovinster för Mobile Networks menar vi att Nokias värderingsmultiplar är alltför låga och har stöd av positiva fundamentala trender", skriver Handelsbanken i en analys på onsdagen.
Baserat på bankens nya prognos för 2026 handlas aktien till p/e 13x och EV/EBIT 9x.
Ja käännettynä:
Emme odota, että Nokialle tulee USA:n tariffeihin liittyviä suuria häiriöitä, sillä yhtiöllä on suuri joustavuus tuotannossa. Arvioimme, että verkkoinfrastruktuurin vahva vauhti jatkuu, ja yhdistettynä Infineraan, Amazonin kanssa solmittuun patenttisopimukseen ja Mobile Networksin nettotulokseen uskomme, että Nokian arvostuskertoimet ovat liian alhaiset ja niitä tukevat positiiviset perustrendit", Handelsbanken kirjoittaa keskiviikkona analyysissaan.
Pankin uuden ennusteen vuodelle 2026 perusteella osakkeen p/e 13x ja EV/EBIT 9x.
Ja kyllä, ainakin TradingViewin datan perusteella, meni Handelsbanken nyt piikkipaikalle. Keskimääräinen tavoitehinta on ollut toistuvassa nousussa, ja nyt se on 5,161 €. Puolestaan alhaisin tavoitehinta on 3,70 € - tämä taitaa tulla GS suunnalta.
