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Nokia net sales fall 18% in second quarter as India's demand slackens

By Yahoo! Finance   |   Jul 18, 2024 at 05:02 AM EST
Nokia net sales fall 18% in second quarter as India's demand slackens

Nokia's Q2 net sales dropped 18% due to weak market conditions, especially in India's declining 5G demand. CEO Pekka Lundmark stated a challenging year-ago comparison as the primary reason for the decline.

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