Nokia (NOK) news

Laser Light Holdings announces $75 million investment commitment from Keystone Optical Network

Laser Light Holdings has announced a $75 million investment commitment from Keystone Optical Network, a strategic move aimed at accelerating the deployment of its next-generation data infrastructure. The funding will support the company’s ongoing efforts to build the world’s first converged…

Nokia to close almost all sites in China by year end: SCMP

Nokia has announced plans to close nearly all of its manufacturing and operational sites in China by the end of 2026, according to a report by the South China Morning Post [1]. The decision reflects a broader strategic shift by the Finnish telecommunications giant to reallocate resources and…

Nokia to eliminate around 1,600 jobs in China, report says

Nokia is reportedly eliminating approximately 1,600 jobs in China as part of its broader global cost-cutting initiative, according to sources familiar with the matter. The move represents a significant reduction in the company’s workforce in the region, where it previously maintained a substantial…

Nokia shares rise with analysts pointing to positive read-across from Lumentum better-than-expected quarterly outlook

Nokia shares extend gains, last seen up 10%, 2nd best performer on Stoxx

Nokia shares extended their gains on August 12, 2026, rising 10% to €9.44, marking the second-best performance on the Stoxx Europe 600 index. The stock has surged more than 140% this year, driven by optical networking equipment demand used in data centers supporting artificial intelligence (AI)…