Nokia Is Poised to Reap 5G Rewards, CEO Suri Says

Nokia plans to cut jobs to save 700 million euros after missing profit estimates. The company is focusing on its end-to-end portfolio to leverage 5G expansion, with growth expected in North America, Asia, and Europe. Despite pricing pressures, Nokia aims to drive shareholder returns through enterprise and software growth. The company highlights its engineering strengths and plans for digitalization and automation to enhance productivity.

What is the primary reason Nokia is planning job cuts?

• To increase its market share in Asia

• To save 700 million euros

• To invest in new technologies

• To expand its workforce in North America

In which region is 5G spending expected to pick up first according to Nokia?

• Europe

• Africa

• South America

• North America

What is Nokia's strategic advantage in the 5G market?

• Exclusive partnerships with American companies

• An end-to-end portfolio

• A focus on 4G technology

• A large number of retail stores

What growth percentage has Nokia's enterprise business achieved year-to-date?

• 30%

• 18%

• 10%

• 25%

How does Nokia plan to achieve cost savings apart from job cuts?

• By closing manufacturing plants

• By reducing research and development

• Through digitalization and automation

• By increasing product prices