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Finland’s Champion Nokia Is Letting the Side Down on Huawei and 5G

Summary:
If Europe and the U.S. are to compete effectively with China and Huawei, they need Nokia to start getting 5G right.It's a shame, Nokia betted on a superior chip, which would have been better for consumers and engineers, but it was more expensive, so Nokia lost out, but it still has a chance.Finland's Champion Nokia Is Letting the Side Down on Huawei and 5G

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 If Europe and the U.S. are to compete effectively with China and Huawei, they need Nokia to start getting 5G right.


It's a shame, Nokia betted on a superior chip, which would have been better for consumers and engineers, but it was more expensive, so Nokia lost out, but it still has a chance.


Finland's Champion Nokia Is Letting the Side Down on Huawei and 5G



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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