Nokia establishes special unit to help large-scale Chinese internet firms expand overseas

June 29, 2017

Beijing, China - Nokia Chairman Risto Siilasmaa met today with high-ranking Chinese authorities and shared the company's plans to launch a special unit to support major domestic webscale players in their efforts to expand overseas.

The team, which will be part of Nokia's strategy organization and led by Chief Strategy Officer Kathrin Buvac, aims to support and accelerate the international expansion of large-scale Chinese internet firms, focusing on areas like data centers, cloud, IP routing, transport and services. Nokia will also lend its expertise in new, growing technologies including edge cloud, artificial intelligence and machine learning.

The creation of the unit supports Nokia's strategy of expanding its business beyond its core communication service provider market. It comes on the heels of the start of operations of the Nokia Shanghai Bell joint venture in China, and underlines Nokia's decades-long commitment to China and to supporting Chinese economic growth.

About Nokia
We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communication service providers, governments, large enterprises, and consumers with the industry's most complete end-to-end portfolio of products, services, and licensing.

From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. nokia.com

Media inquiries:
Nokia
Communications
Phone: +358 10 448 4900
Email: [email protected]