With the end of July, various mobile phone manufacturers announced their second-quarter earnings report. Among them, Nokia, the mobile phone manufacturer that just returned to the Chinese market, announced its second-quarter results today.
According to information released by Nokia, Nokia's revenue in Q2 quarter is lower than market expectations, but Nokia has promised to use the rapid development of 5G to complete its performance recovery in the Q4 quarter.
Nokia said its operating profit for the second quarter fell 42% from a year ago to 334 million euros, below analysts' average forecast of 373 million euros.
The company's CEO Rajiv Suri said in the interim report: '(Company quarterly) performance is consistent with our view that the first half will be weak and the second half will be stronger.'
'I can confirm that the company can achieve its 2018 performance target within our annual guidance.'
Nokia expects to launch 5G services in the US later this year and will launch products in Japan and South Korea next year.
Upgrade, Nokia's return to the smart machine market just happened at the end of the 4G era, the situation is rather embarrassing. I believe that with the advent of the 5G era, Nokia can compete with other manufacturers in a more fair environment.
