Nokia announced plans on Friday to invest $4 billion in the United States to accelerate research, development, and production related to artificial intelligence-driven network technologies. The Finnish telecom equipment maker said $3.5 billion of the investment will go toward R&D, while $500 million will be allocated to manufacturing and capital expenditures in states including Texas, New Jersey, and Pennsylvania, reports Reuters.
The company, which operates more than a dozen sites across North America and owns Bell Labs in New Jersey, recently unveiled a new corporate strategy aimed at streamlining operations with a heightened focus on AI. The move comes as Nokia seeks to strengthen its competitiveness in next-generation connectivity and network automation.
Finnish President Alexander Stubb said in October that Nokia’s future role in the U.S. market was among the topics discussed during his meeting with U.S. President Donald Trump at the White House.
Friday’s announcement follows a profit warning issued in July, which the company attributed to the impact of tariffs and a weakening dollar—factors prompting several non-U.S. firms to shift production to the United States to reduce trade exposure.
With the United States lacking a major domestic telecom equipment manufacturer, Nokia—along with Ericsson and Samsung—remains one of the leading foreign suppliers for American carriers. Chief Executive Justin Hotard, who joined the company from Intel earlier this year, told Reuters that Nokia is prioritising network markets in countries that “value Western technology.”
Bd-pratidin English/ Jisan
