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Nokia Corporation (NOK)

NYSE - Nasdaq Real Time Price. Currency in USD
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4.0450-0.0150 (-0.37%)
As of 12:42PM EST. Market open.
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Previous Close4.0600
Open4.0300
Bid4.0400 x 38800
Ask4.0500 x 306000
Day's Range4.0100 - 4.0600
52 Week Range2.3400 - 5.1400
Volume11,248,799
Avg. Volume32,604,844
Market Cap22.37B
Beta (5Y Monthly)0.57
PE Ratio (TTM)N/A
EPS (TTM)-0.1920
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJul. 29, 2019
1y Target Est4.38
  • Nokia announces 2020 Bell Labs Prize winners
    GlobeNewswire

    Nokia announces 2020 Bell Labs Prize winners

    Press ReleaseNokia announces 2020 Bell Labs Prize winners * The 2020 Bell Labs Prize awarded to University of Pennsylvania Associate Professor for a groundbreaking system that uses deep neural network optical chips as a platform for artificial intelligence * The optical-based system has the potential to revolutionize neural networks, especially in the field of image and video recognition by achieving orders of magnitude faster processing and at lower power3 December 2020Murray Hill, New Jersey – Nokia today held a virtual awards ceremony and announced the winners of the 2020 Bell Labs Prize, a competition that recognizes disruptive innovations that will define the next industrial revolution. Proposals were received from 208 academics in 26 countries, and Firooz Aflatouni, Associate Professor in the Department of Electrical and Systems Engineering at University of Pennsylvania, received $100,000 for winning the competition with his proposal for Integrated Photonic-mmWave Deep Networks.The 2020 Bell Labs Prize competition launched in March 2020 and finalists were announced in June 2020. Each finalist was assigned both a leader from the Nokia Bell Labs research team and a research mentor, and they worked together to advance their innovations throughout the year. Proposals were presented in front of a panel of renowned experts and industry leaders who judged the proposals based on a credible proof-of-concept or set of results that validate the innovation’s full potential. The judges selected three winners based on the demonstrated disruptive potential of their work:The first-place prize ($100k) was awarded to Firooz Aflatouni, Associate Professor in the Department of Electrical and Systems Engineering at the University of Pennsylvania, for his proposal “Integrated Photonic-mmWave Deep Networks”. Using deep neural network photonic chips as a platform for artificial intelligence, his system has demonstrated that image and video recognition in the optical domain brings a wealth of possibilities for the future. Photonic platforms interpret and recognize images at the speed of light, some six billion times a second, making them significantly faster than today’s digital computational platforms. The system is small, all-optical, energy-efficient and low-cost, making it easy to incorporate into a myriad of other solutions such as embedded AI in camera systems. The second-place prize ($50k) was awarded to Sanjeev Arora, Professor in Computer Science, Princeton University, and his teammates, Yangsibo Huang (Ph.D. student at Princeton University), Kai Li (Professor of Department of Computer Science at Princeton University) and Zhao Song (Postdoc Researcher at Princeton University). Their proposal “How to allow deep learning on your data without revealing your data” solves a significant problem with the lack of privacy in machine learning tools. Their InstaHide solution is a universal method for encrypting training images that is efficient to apply with only minor impact on model accuracy. This innovative approach will allow the sharing of data to fully leverage the power of machine learning models without sacrificing privacy or compromising security.The third-place prize ($25k) was awarded to Cheng Qi, Ph.D. student at Georgia Institute of Technology, and his teammates, Francesco Amato (Post-Doctoral Researcher at Tor Vergata University in Rome, Italy) and Gregory Durgin (Professor at Georgia Institute of Technology, GA), for their proposal “Hyper RFID: A Revolution for The Future of RFID”. Their innovative tags are based on a new type of quantum tunneling radio positioning (QTRP) system that provides highly accurate wireless positioning with an extended RFID coverage range of meters today to more than a kilometer in the future, with low-cost tags with a battery life of up to ten years. These revolutionary capabilities for RFID tags should greatly facilitate the tracking of people and assets or the navigation of autonomous drones and vehicles using drop-and-forget waypoints.Marcus Weldon, President of Nokia Bell Labs and CTO of Nokia, said, "We are on the verge of a new value paradigm of ‘Remote X’ enabled by 5G as the critical networking infrastructure that will allow the remote access to, interaction with, and intelligent control of everything, from anywhere. True to the principles of ‘Remote X’, this year’s Bell Labs Prize award ceremony was held virtually and recognized the most innovative proposals, all of which have the potential to help solve critical ‘remote’ problems that are confronting humanity. We are excited to continue working with the winners to help them further develop their ideas and realize their vision.” In addition to their cash prizes, the winners will also be given the opportunity to deepen their collaboration with the world-renowned researchers at Nokia Bell Labs to develop their game-changing innovations further.Resources Website: Bell Labs PrizeAbout Nokia We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks. Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.Media Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com

  • Nokia (NOK) to Deploy Private 5G for Research in Germany
    Zacks

    Nokia (NOK) to Deploy Private 5G for Research in Germany

    Nokia's (NOK) private wireless networks are used to help companies develop novel 5G-based products and business models.

  • Nokia and Metrotel deploy software-defined fiber network for open access in Argentina
    GlobeNewswire

    Nokia and Metrotel deploy software-defined fiber network for open access in Argentina

    Press Release Nokia and Metrotel deploy software-defined fiber network for open access in Argentina * Metrotel uses Nokia’s Altiplano cloud platform and Cloud Acceleration Professional Services to build a state-of-the-art shared fiber infrastructure, based on passive optical network (PON) technology * The deployment helps meet Argentina’s broadband needs by providing cost-effective, high-speed fiber optic connectivity and related services to more than 40,000 users * Metrotel will initially focus on enterprise customers, using the new network’s slicing capability to optimize services by market segment * Metrotel will then use the new infrastructure to fulfil its strategic goal of becoming a broadband wholesaler, including in the residential market, and to support 5G mobile backhaul (MBH) services3 December 2020 Espoo, Finland - Nokia today announced it will deploy the Altiplano cloud platform for fiber access in Metrotel’s network. This deployment enables Metrotel to deliver high-speed broadband and related services to users across Argentina. Metrotel has already built 4000 km of fiber networks, spanning Greater Buenos Aires, Rosario, Córdoba, Mendoza and Neuquén. By deploying Nokia Lightspan fiber access nodes, Metrotel will be able to provide cheaper and faster connectivity to 40,000 customers across these regions.Metrotel will use the solution to support corporate customers in sectors including financial services, media, hospitality and government, whose needs call for a cost-effective and fully serviced fiber optic network. Flexible control and easy integration allow Metrotel to tailor its offering to individual market segments. Nokia’s high-capacity Lightspan FX access nodes provide the required scale.Metrotel aims to become a broadband wholesaler, providing high-speed connectivity and comprehensive support services to virtual network operators who serve the residential market. The network will also support 5G mobile backhaul services, helping to accelerate rollout of 5G capabilities across Argentina.To build the new network infrastructure, Metrotel selected Nokia’s cloud-native Altiplano platform for the flexibility it offers - it can easily be integrated with existing IT and operations support systems. The intent-based Altiplano Access Controller will enable Metrotel to vastly improve its network customization and management, through open programmable interfaces and closed-loop automated operations. Nokia Cloud Acceleration Professional Services provide system integration services to integrate Altiplano cloud platform in Metrotel cloud infrastructure. Altiplano customization services provide customer specific intents to support Metrotel’s requirements for their business customers.Germán Garay, CTO at Metrotel, said: “This deployment allows us to increase the degree of integration, simplification and abstraction of our services to support our customers, providing continuous network optimization and long-term network services built around their needs. We chose Nokia for their comprehensive but also highly dynamic solution; new and scalable PON technologies; software oriented around shorter innovation cycles; and an architecture based on microservices, automation and virtualization. This makes the best use of both new and existing infrastructure and gives our customers the best possible value.”Sandra Motley, President of Fixed Networks at Nokia, said: “Nokia’s Altiplano cloud platform and fiber access solutions will enable Metrotel to deliver high-speed broadband and related services to its users across Argentina. Our Cloud Acceleration portfolio of professional services helps Metrotel deploy and operate SDN-enabled broadband networks and use cases quickly and efficiently. Our goal is to simplify Metrotel’s evolution to cloud and software-defined networking, leveraging our SDAN Integration and Migration Operation Centers and DevOps automation.”Resources Webpage : Cloud Acceleration Services Webpage : Altiplano Access Controller Webpage : Take your broadband to the cloudAbout Nokia We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokiaMedia Inquiries:Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com