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    NOKIA   FI0009000681

NOKIA OYJ

(NOKIA)
  Report
Real-time Estimate Tradegate  -  11:25 2022-11-30 am EST
4.642 EUR   +1.55%
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Nokia and Flex to Combine 5G SA Private Wireless and Industry 4.0 Expertise for Advanced Manufacturing Solutions in Brazil

09/15/2022 | 09:00am EST

Nokia announced a collaboration with Flex Brazil to deploy 5G SA private wireless networks in its manufacturing facilities in Brazil. Initial use cases will focus at increasing wireless applications and exploring the potential of 5G for reliable connectivity, massive transfers of operational data and greater layout flexibility on the shopfloor. Nokia Digital Automation Cloud (Nokia DAC) will provide the private wireless on-demand service as well as MX Industrial Edge computing and digital-enabling applications.

The collaboration reflects the long-term goal of both companies to introduce innovative Industry 4.0 solutions in the supply chain and manufacturing verticals, to make operations more agile and cost effective with 5G technology, becoming a lighthouse to other companies interested in pursuing this journey. Offered as-a-service, Nokia DAC combines plug-and-play 4.9G/LTE and 5G industrial-grade network connectivity with on-premise edge computing to provide the data management and processing to support real-time applications for smart manufacturing, predictive maintenance, remote operations and many other applications. Nokia Network Digital Twin creates a digital twin of the private 5G network and its connected devices.

This enables Flex to monitor network operations in real time and predict maintenance needs and potential downtime in advance, reducing disruptions in production and making its factories more efficient and productive in the future. Nokia Bell Labs innovations focusing on novel networks applications will be experimented at Flex to enable new forward-looking use cases of deterministic networking for reconfigurable production lines.


ę S&P Capital IQ 2022
Stocks mentioned in the article
ChangeLast1st jan.
FLEX LTD. 1.60% 20.94 Delayed Quote.12.44%
NOKIA OYJ 1.45% 4.6375 Delayed Quote.-17.99%
All news about NOKIA OYJ
11/29Nokia, Vodafone New Zealand To Expand Customer Base For 5G Voice Core Services
MT
11/29Nokia Extends Orange Collaboration with First Microwave Carrier Aggregation Link Trial
MT
11/25Hopes for Black Friday Boost to Economy Nudge European Equities Higher
MT
11/24Nokia Foundation grants Professor Maija Aksela a recognition award for the development ..
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11/24Nokia, Inria Renew Partnership To Launch New Phase Of Joint Research Lab
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11/22NOKIA : UBS maintains a Buy rating
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11/18Nokia, KPN Trial 25G Passive Optical Terminal Technology In Dutch Animal Hospital
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11/17Finnish Telecoms Giant Nokia Opens New Regional Maintenance Hub in Saudi Arabia
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11/16Ukraine's Kyivstar resumes telco coverage in Kherson after Russia exit
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11/14Nokia completes first phase of share buyback program
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Analyst Recommendations on NOKIA OYJ
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Financials
Sales 2022 24 681 M 25 521 M 25 521 M
Net income 2022 1 788 M 1 848 M 1 848 M
Net cash 2022 5 090 M 5 263 M 5 263 M
P/E ratio 2022 14,2x
Yield 2022 2,17%
Capitalization 25 591 M 26 461 M 26 461 M
EV / Sales 2022 0,83x
EV / Sales 2023 0,73x
Nbr of Employees 87 927
Free-Float 92,7%
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Mean consensus BUY
Number of Analysts 25
Last Close Price 4,57 €
Average target price 5,94 €
Spread / Average Target 30,0%
EPS Revisions
Managers and Directors
Pekka Ilmari Lundmark President & Chief Executive Officer
Marco WirÚn Chief Financial Officer
Sari Maritta Baldauf Chairman
Nishant Batra Chief Strategy & Technology Officer
Bruce R. Brown Independent Non-Executive Director
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