Nokia should be able to gain stronger traction in the 5G race, given the impact of the U.S.-China trade war on Huawei.
According to Markus Borchert, Nokia’s president of Greater China, Nokia Oyj is not immune from the U.S.-China trade war.
“The uncertainty has impacted the investor community and the economy at large. At Nokia we are not totally immune to that. Our focus is really on our customers and making 5G work and making them successful with 5G,” said Borchert during a briefing to the media in Shanghai.