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Search resuls for: "Nokia Technologies"


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QMill, a Finnish quantum computing startup, raised $4.5 million in seed funding. The startup was founded by Nokia Technologies' former CTO and a quantum computing professor. AdvertisementQMill, a newly launched quantum computing startup, has raised $4.5 million in seed funding. Based in Espoo, Finland, QMill was founded by a team that includes Nokia Technologies' former CTO, Hannu Kauppinen, and a quantum computing professor, Mikko Möttönen. Quantum computing has advanced significantly in recent years, but there are challenges slowing widespread adoption.
Persons: QMill, , Hannu Kauppinen, Mikko Möttönen Organizations: Nokia Technologies, Service, Business Locations: Espoo, Finland
Nokia renews patent license agreement with Apple
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A mockup of the new Nokia logo is seen in this handout image released February 26, 2023. NOKIA/Handout via REUTERS/File PhotoJune 30 (Reuters) - Nokia (NOKIA.HE) said on Friday it had signed a new long-term patent license agreement with Apple (AAPL.O), as the current license between the companies expires at the end of 2023. While terms of the agreement remain confidential between the companies, it covers Nokia’s inventions in 5G and other technologies. Nokia’s patent portfolio is built on more than 140 billion euros ($152.70 billion) invested in research & development and is composed of around 20,000 patents, including over 5,500 declared essential to 5G, the Finnish company said. "The agreement reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D, and contributions to cellular standards and other technologies," said Jenni Lukander, president of Nokia Technologies.
Persons: Jenni Lukander, Khushi, Maju Samuel Organizations: Nokia, NOKIA, REUTERS, Apple, Nokia Technologies, Thomson Locations: Bengaluru
STOCKHOLM, Oct 20 (Reuters) - Nokia (NOKIA.HE) on Thursday reported quarterly operating profit below market expectations even as the Finnish telecom equipment maker continues to benefit from strong demand from phone companies as they roll out 5G. Third-quarter comparable operating profit rose to 658 million euros ($643.3 million) from 633 million last year, lagging the 690.6 million euro mean forecast of 10 analysts polled by Refinitiv. Net sales grew 6% in constant currency in the quarter compared to the same period a year ago to 6.24 billion euros, beating estimates of 6.06 billion. But the comparable operating margin fell year-on-year to 10.5% from 11.7% as improving profitability in Mobile Networks and Network Infrastructure was offset by timing effects of contract renewals in Nokia Technologies, the company said. ($1 = 1.0229 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Supantha Mukherjee in Stockholm and Stine Jacobsen in Copenhagen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.
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