Nokia Accelerates China Exit with Hangzhou R&D Closure and Strategic Redeployment to India and United States

<cite index="66-3,66-4,66-5">Following the 2020 ban by Helsinki and Stockholm, Beijing tightened scrutiny of Nokia's and Ericsson's bids for contracts with China's state-run carriers. Nokia's China revenue and regional headcount have both roughly halved since 2018. Ericsson has fared similarly, with

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