Reported about 17 hours ago
Nokia has announced the appointment of Justin Hotard, Intel's current executive vice president and general manager of Data Center & AI Group, as its new CEO, taking over from Pekka Lundmark on April 1. This leadership change comes as the telecom company seeks to diversify and focus on AI and data center markets amid declining 5G equipment sales. Analysts view this transition as a strategic shift towards Nokia's Network Infrastructure unit to leverage new growth opportunities.
Source: YAHOO