Yicai 第一财经(@yicaichina):Nokia plans to shut its radio technology R&D unit in China's Hangzhou by the end of this year, affecting about 1,600 employees, Finnish newspaper Helsingin Sanomat reported. The move is part of the Finnish telecom equipment maker’s global restructuring and cost-cutting efforts aimed at improving profitability. @nokia

Yicai 第一财经

@yicaichina

English-language version of Shanghai-based business and financial media outlet Yicai. 中国财经全媒体第一财经英文品牌一财全球的官方账号

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Yicai 第一财经@yicaichina

2026.08.17 09:31

Nokia plans to shut its radio technology R&D unit in China's Hangzhou by the end of this year, affecting about 1,600 employees, Finnish newspaper Helsingin Sanomat reported. The move is part of the Finnish telecom equipment maker’s global restructuring and cost-cutting efforts aimed at improving profitability. @nokia