Nokia lost money in Q1 as 5G investment is yet to start paying off

25 April 2019
Surprisingly, Huawei is probably the one to blame here.

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  • H
  • Hildr
  • 0FD
  • 29 Apr 2019

.alpha, 26 Apr 2019I did read the entire article and yes Nokia lost money. R&a... moreWhat about all those people that make a loan because they can't earn the money to do thing, just look at US where it's almost impossible to not be in debt for exemple? It's the same thing, Nokia went in debt to be ready to sell a lot more than if they hadn't. A lot of company do the same, that's exactly why there are investor in the first part. My company did exactly the same thing 5 years ago, and now cash is flowing, just needed a little help to invest in the first place to adapt the production to the demand.

So the point is they lost money, but there is no shame in that, it's just basic economy decision that a lot of companies and people do. NATO or not.

    • A
    • Andy
    • 3Jn
    • 26 Apr 2019

    AnonD-762416, 26 Apr 2019The UK has already said Huawei will only be allowed to comp... moreI meant Nokia should be offering to undercut Huawei in the West

      Ericsson is a very big competitor too to built a 5G network in Western countries. However in The Netherlands one of the providers already said to use certain Huawei tech for its 5G network.

        • .
        • .alpha
        • ytx
        • 26 Apr 2019

        Hildr, 26 Apr 2019Well, if you had read the news, you could have understand t... moreI did read the entire article and yes Nokia lost money. R&D is normal part of business expenses and if they aren't selling enough to cover R&D expenses, they lost money which is the case here. Other telecom have no problem investing in R&D and making money unlike sick man Nokia

          • D
          • AnonD-762416
          • m2A
          • 26 Apr 2019

          Andy, 26 Apr 2019They should be approaching the UK and US and offering the u... moreThe UK has already said Huawei will only be allowed to compete on the nonessential parts of 5G. Which, to be fair, is a lot more than they're getting in other western countries.

            • J
            • JCK
            • n7}
            • 26 Apr 2019

            Zach, 26 Apr 2019Nokia go home Nokia go home? Why?
            You must be living in a cave!

              • H
              • Hildr
              • 0FD
              • 26 Apr 2019

              .alpha, 26 Apr 2019Even with NATO intervening on your behalf you still lose mo... moreWell, if you had read the news, you could have understand they did not lost money, they just invested it and so, lowered their profit. They will loose money only if this investment doesn't allow them to earn back the money invested, but since a lot of country are ditching huawei for whatever Reason, there should not be any issue here.
              But since my comment is as long as the news, you will not read it too xD

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                • .alpha
                • s9Z
                • 26 Apr 2019

                Even with NATO intervening on your behalf you still lose money. Shame

                  • ?
                  • Anonymous
                  • vxs
                  • 26 Apr 2019

                  Andy, 26 Apr 2019They should be approaching the UK and US and offering the u... morethey are, in US with Verizon, in UK no updates yet

                    • A
                    • Andy
                    • LaT
                    • 26 Apr 2019

                    They should be approaching the UK and US and offering the undercut Huawei for its 5G infrastructure

                      • Z
                      • Zach
                      • Kx1
                      • 26 Apr 2019

                      Nokia go home