Nokia Corporation NOK recently entered into a partnership with the Indian Institute of Science (“IISc”) to accelerate 6G research in India. Under the agreement, the partners will jointly conduct research on 6G radio and 6G architecture. Nokia and his IISc will also work at Nokia’s newly established 6G Lab in Bangalore to research the application of machine learning technology in 6G air interfaces.
IISc, based in Bangalore, India, is a premier research institution known for its contributions to scientific and engineering research and education. We partner with leading international organizations, universities, and research institutes to enhance the reach and impact of our research initiatives.
Through the strategic partnership, Nokia aims to explore the implementation of 6G technology in key sectors such as road safety, healthcare, education and sustainability in India. The initiative is likely to add momentum to India’s ‘Bharat 6G Vision’, which aims to promote the country as one of the major contributors to 6G development. By focusing on use cases, this research will address the development of sustainable and energy-efficient communication systems, ensuring seamless and secure connectivity for critical communications.
This partnership will revolutionize mobile phone infrastructure to meet the needs of large-scale societies in developing countries like India, while also contributing to the advancement of the global 6G ecosystem. His 6G Lab, recently established by Nokia at its Global R&D Center in Bengaluru, is aimed at accelerating the development of 6G technology and advanced use cases. This cutting-edge project is expected to foster collaboration between Nokia and the Indian academic community.
Multifaceted collaboration between industry leaders such as Nokia and academia has resulted in joint research initiatives and projects, and in some cases the creation of research institutes and centers dedicated to bringing cutting-edge mobile technology to the world at scale. establishment may take place. The company aims to expand into targeted high-growth, high-margin vertical markets to address growth opportunities beyond its traditional core markets. Nokia may sign similar agreements in the future as it strengthens its position in the wireless equipment space by increasing its technology and reliability.
The company’s stock has declined 24.2% over the past year, compared to an industry growth rate of 10.7%.
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Nokia currently carries a Zacks Rank #3 (Hold).
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