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Nokia Learns It Takes More than Products to Succeed in 5G Era

Rachel Gunter
Updated
Nokia Learns It Takes More than Products to Succeed in 5G Era

Nokia (NOK) has been expanding and enhancing its product portfolio to get ready for the 5G era, which in part explains why the company has been investing a big chunk of its revenue on research and development (or R&D) initiatives. It spent 20% of its revenue on R&D projects in the third quarter, more than Ericsson’s (ERIC) allocation of 17% of revenue to R&D in the same period.

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