Nokia reports strong AI and cloud demand in Q3
Nokia CEO Justin Hotard said demand for the company's AI and cloud offerings surged in Q3, with sales in that area up 123% year on year and €1.5 billion in new orders. The vendor posted net profit of €156 million, up 95%, and net sales of almost €5.2 billion, a 10% increase. Hotard also pointed to AI-RAN work and progress integrating Infinera.
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... No extra. Need plain text. Ensure no markdown? Fine. Need check expanded "CEO Justin Hotard" source says CEO Justin Hotard. Good. "collaborate with hyperscalers" source "co-innovate with hyperscalers"; okay original. "larger, more distributed, highly connected" source "larger, more distributed and hyperconnected"; close but rephrased. "Net profit was €156 million, up 95%, on net sales just under €5.2 billion, a 10% rise." Source "net profit of €156 million, up 95%, net sales almost €5.2 billion, a 10% increase." This is close but factual; "never copying source phrasing" maybe okay? Need be careful. Could rephrase more: "Profit reached €156 million, 95% above the prior-year level, while revenue came to just under €5.2 billion, 10% higher." Better. "Mobile Infrastructure revenue grew 5% to €2.9 billion, aided partly by revenue shifting from Q4 into Q3 and cost reductions." Source "revenue was up 5% to €2.9 billion, partly attributed to shifting income from Q4 into Q3... cost reducti