{"id":494,"date":"2024-10-17T09:28:07","date_gmt":"2024-10-17T09:28:07","guid":{"rendered":"https:\/\/2xb.net\/?p=494"},"modified":"2024-10-17T09:28:07","modified_gmt":"2024-10-17T09:28:07","slug":"nokia-sees-improved-q3-profit-but-reports-8-sales-dip-mainly-due-to-weaker-india-market-3","status":"publish","type":"post","link":"https:\/\/2xb.net\/?p=494","title":{"rendered":"Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market"},"content":{"rendered":"<p>Wireless and fixed-network equipment maker Nokia on Thursday reported better-than-expected third quarter earnings, mainly on the back of cost-cutting measures, but saw its sales dive 8% largely due to a weaker India market.  Similar to its Nordic rival Ericsson of Sweden, Nokia has suffered this year and last year from operators cutting back on investments in 5G and other telecom technology because of economic uncertainty and high financing costs.  Commenting on Nokia\u2019s performance in the third quarter, CEO Pekka Lundmark said \u201cI am optimistic we are now turning the corner in many parts of our business, even if some continue to experience market weakness.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wireless and fixed-network equipment maker Nokia on Thursday reported better-than-expected third quarter earnings, mainly on the back of cost-cutting measures, but saw its sales dive 8% largely due to a weaker India market. Similar to its Nordic rival Ericsson of Sweden, Nokia has suffered this year and last year from operators cutting back on investments [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-494","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/2xb.net\/index.php?rest_route=\/wp\/v2\/posts\/494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2xb.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2xb.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2xb.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/2xb.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=494"}],"version-history":[{"count":0,"href":"https:\/\/2xb.net\/index.php?rest_route=\/wp\/v2\/posts\/494\/revisions"}],"wp:attachment":[{"href":"https:\/\/2xb.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2xb.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2xb.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}