This week’s big rally in Nokia Oyj shares underscores how the 5G equipment maker and once-iconic phone brand is now emerging as a major European artificial intelligence play.

HMD, the company that builds Nokia feature phones, has launched its first-ever hybrid phone in India, the HMD Touch 4G. The company claims that the Touch 4G brings the best of both worlds from smartphones and feature phones.

Nokia is best known for its early cell phones, but in recent years has primarily been a supplier of 5G cellular equipment to telecom providers.

Nokia (NYSE:NOK) on Tuesday introduced two additions to its defense portfolio, the Mission-Safe Phone and an upgraded Banshee 5G Tactical Radio, aimed at delivering secure, high-performance communications for modern military operations. The company said ...

According to the report, HMD Global produces Nokia feature phones in India and China, with India serving as the largest market. The country not only absorbs the highest demand but also acts as an export hub for Nokia-branded devices. Market data from IDC ...

Nokia shows proof that its move into AI infrastructure is bearing fruit, reporting 9% revenue growth on the back of big networking wins. Its stock rose 10%

Unlike rival Ericsson, the $36 bln Finnish group sells networking kit to giant data centres. That means it’s exposed to the artificial intelligence boom. While its core telecoms business is unlikely to show much growth,