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.

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.

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 (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 ...

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,

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 ...

HMD Touch 4G is powered by the Unisoc T127 chipset and comes with 64MB of RAM and up to 128GB of internal storage, which can be expanded up to 32GB using the microSD card slot. All of this is backed by a 1,950mAh battery, which can be charged using he included USB-C port.

Nokia's CEO Justin Hotard said artificial intelligence is driving a long-term growth trend that resembles the internet boom of the 1990s, but downplayed concerns about a potential bubble.