Nokia intends to invest hundreds of millions of euros in our neighbors

Bulletin

18. 1. 2024

Finnish company Nokia is planning to invest around 360 million euros in two microchip production plants in Ulm and Nuremberg over the next four years as part of the PCEI (Important ProObjects of Common European Interest), which includes subsidies financby the German federal government. The investment is to go mainly into 5G and 6G chips, from which Nokia promises high efficiency and the lowest possible energy consumption.

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