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.
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