Nokia and Finland’s Tampere University join forces to develop 5G chipsets
Press Release
Nokia and Finland’s Tampere University join forces to develop 5G chipsets
- Joint venture creates foundation for long-term development of silicon-based processors
6 October, 2020
Espoo, Finland – Nokia today announced that it has joined forces with Tampere University to establish a ‘Center of Excellence’ to enhance the development of System-on-Chip (SoC) custom processors for its ReefShark chipset portfolio.
The partnership, which will be based at the University campus, aims to accelerate the introduction of the technology into Nokia’s ReefShark chipset portfolio. It will also enhance Nokia’s silicon capabilities and development of proprietary SoCs. The Center of Excellence is expected to open in November this year.
The purpose of the partnership is to accelerate the development of proprietary SoC chipsets, including their design and manufacture, to improve time-to-market and to build a long-term SoC development competence and a foundation for technology leadership. The joint venture will also target an annual chip cadence with ecosystem partners, and see Nokia contribute to module and physical implementation.
Nokia will also explore areas such as machine learning, artificial intelligence and security hardware development as well as open source hardware based SoCs. Nokia’s global reach will support Tampere University with future research projects as well as guide them in their approach to educating the engineers of the future.
The project is supported by Business Finland through Nokia’s Veturi initiative that drives industrial 5G and ecosystem development with industry partners and leading universities. Nokia has maintained a close partnership with Tampere University since its ‘Nokia Innovation Center’ was co-located with the University in the 2000s.
Jyrki Vuorinen, Dean of the Faculty of Information Technology and Communication Sciences at Tampere University: “We are excited to partner with Nokia to develop custom silicon System-on-Chip solutions for 5G infrastructure. This is an exciting joint project that accelerates silicon innovation and ultimately enables operators to realize the benefits of 5G. We have recruited a professor of practice and started the recruitment process of two international professorships.”
Ari Kynaslahti, Head of Product Management at Nokia said: “This important collaboration highlights our continued commitment to developing our ReefShark chipset portfolio and ensures that Nokia 5G solutions deliver a best-in-class performance to our customers. We look forward to working closely and collaboratively with Tampere University on this exciting venture.”
Nokia is a global leader in 5G with the industry's only end-to-end portfolio that is available globally. With more than 150 commercial engagements underway, our 5G solutions, software and services allow our customers to take advantage of the promise of this next generation of network technology. Learn more about Nokia 5G.
Resources:
About Nokia
We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.
Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.
Media Inquiries:
Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
About GlobeNewswire
GlobeNewswireGlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
PRESS RELEASE: NACON: Strong increase in profitability in 1st half30.11.2020 18:00:00 CET | Press release
Nacon Press release Lesquin, 30 November 2020, 18:00 hrs Strong increase in profitability in 1st half: ·Current Operating Profit : 15.7 M€ (+47.3%) i.e. 18.2% of sales ·Net Result: 9.6 M€ (+46.7%) Outlook: New Upward revision of FY 2020/21 sales: 160-170 M€ NACON (ISIN FR0013482791) today releases its audited consolidated results for the first half of fiscal year 2020/21 (from April 1 to September 30) as approved by its Board of directors on 30 November 2020. Consolidated in M€ - IFRS09/2020 09/2019 (3) ChangeSales86.663.7+35.9%Gross margin (1) In % of Sales EBITDA (2) In % of Sales 45.3 52.3% 30.4 35.1% 39.2 61.5% 23.5 37.0%+15.5% +29.2%Current operating income EBITA In % of Sales Non recurrent items (including Bonus Shares)15.7 18.2% (1.8)10.7 16.8% (1.0) +47.3% Operating result In % of Sales13.9 16.1%9.7 15.2%+43.3%Financial result Including currency gain (loss)(0.8)(0.5) Earnings before tax In % of Sales13.1 15.2%9.3 14.5%+41.8%Tax(3.6)(2.7)Net result for the period In % of Sales9.
Saudi Arabian Oil Company and Shell & AMG Recycling B.V. Sign Agreement to Explore the Feasibility of Building a Recycling “Supercenter” in The Kingdom of Saudi Arabia30.11.2020 18:00:00 CET | Press release
Amsterdam, 30 November 2020 (Regulated Information) --- The Saudi Arabian Oil Company (Saudi Aramco), Shell & AMG Recycling B.V. signed a memorandum of understanding (MOU) to evaluate the feasibility of creating a venture in support of Saudi Arabia’s (“The Kingdom”) vision to maximize value from its vast natural resources. The Kingdom is becoming a globally important region for the supply and demand of vanadium, and desires to enable the development of a world class vanadium recycling industry. In support of this initiative, Shell & AMG Recycling B.V., along with Shell Catalysts & Technologies, will explore the feasibility of building a catalyst manufacturing and recycling “supercenter” in The Kingdom. This “supercenter” will enable Saudi Aramco to refine its crudes in an environmentally sustainable manner through the manufacturing of fresh residue upgrading catalysts required to convert heavy oil fractions into valuable products and recycling the resulting spent catalysts and gasifica
PRESS RELEASE: BIGBEN: Half year results 2020/2130.11.2020 18:00:00 CET | Press release
Bigben Press release Lesquin, 30 November 2020 18:00 Half year results 2020/21: ·Current Operating Income: 16.9 M€ (+26.4%) i.e. 12.5% of sales ·Net result: 9.7 M€ (+16.7%) Rise of target for FY 2020/21 Current Operating Income rate: > 12% BIGBEN INTERACTIVE (ISIN FR0000074072) today releases its consolidated results for the first half of fiscal year 2020/21 (from April 1 to September 30) as approved by its Board of directors on 30 November 2020. Consolidated in M€ - IFRS09/202009/2019 ChangeSales135.8127.0+6.9%Gross margin (1) In % of Sales EBITDA (2) In % of Sales 57.3 42.3% 33.4 24.6% 54.9 43.2% 27.7 21.8%+4.4% +20.5% Current operating income In % of Sales Non recurrent items16.9 12.5% (2.3)13.4 10.5% (1.5) +26.4% Operating result In % of Sales14.7 10.8%11.9 9.4%+23.2%Financial result Including currency gain (loss)(1.2) (0.7)(1.0) (0.3) Earnings before tax In % of Sales13.5 9.9%10.9 8.6%+23.0%Tax(3.7)(2.6)Net result for the period In % of Sales9.7 7.2%8.3 6.6% +16.7% Of which Minori
Orange Belgium expands its Executive Committee with Isabelle Vanden Eede as Chief Brand, Communication & CSR Officer and Bart Staelens as Chief Transformation & Customer Experience Officer30.11.2020 18:00:00 CET | Press release
Press release Brussels, November 30, 2020 Orange Belgium expands its Executive Committee with Isabelle Vanden Eede as Chief Brand, Communication & CSR Officer and Bart Staelens as Chief Transformation & Customer Experience Officer Orange Belgium's Board of Directors validated the nomination of Isabelle Vanden Eede as Chief Brand, Communication & CSR Officer and Bart Staelens as Chief Transformation & Customer Experience Officer, both starting December 1, 2020. Isabelle Vanden Eede, 45 years old, has 23 years of branding and communication experience. She started her career at Ogilvy & Mather Advertising, managing the agencies’ telecom clients. She continued to refine her communication skills at VVL BBDO and Famous agencies, before joining Mobistar in 2010 to be responsible for the residential communication. For the past 10 years Isabelle evolved to Brand & Communication Director, responsible for the rebranding from Mobistar to Orange Belgium. Known for her strategic skills and broad exp
Sinch AB (publ): Sinch offentliggör sin avsikt att genomföra riktad nyemission och större aktieägares avsikt att sälja befintliga aktier till en fond förvaltad av SB Management30.11.2020 17:36:35 CET | Pressemelding
EJ FÖR OFFENTLIGGÖRANDE, DISTRIBUERING ELLER PUBLICERING, VARE SIG DIREKT ELLER INDIREKT, I ELLER TILL USA, KANADA, JAPAN, AUSTRALIEN, SYDAFRIKA, NYA ZEELAND, HONGKONG, SINGAPORE ELLER I NÅGON ANNAN JURISDIKTION DÄR OFFENTLIGGÖRANDE, DISTRIBUTIONEN ELLER PUBLICERING AV DETTA PRESSMEDDELANDE SKULLE KUNNA VARA OLAGLIG, KRÄVA YTTERLIGARE REGISTRERING ELLER ANDRA ÅTGÄRDER Pressmeddelande Stockholm den 30 november 2020 Sinch offentliggör sin avsikt att genomföra riktad nyemission och större aktieägares avsikt att sälja befintliga aktier till en fond förvaltad av SB Management Stockholm, Sverige – Sinch AB (publ) – XSTO: SINCH Sinch AB (publ) (”Sinch” eller ”Bolaget”) har uppdragit åt Carnegie och Handelsbanken Capital Markets (tillsammans ”Joint Bookrunners”) att utreda förutsättningarna för att genomföra en riktad nyemission om cirka 3,2 miljoner aktier, genom ett accelererat bookbuilding-förfarande (”Nyemissionen”). I samband med Nyemissionen, och i syfte att möta efterfrågan, har vissa s
Sinch AB (publ): Sinch announces its intention to carry out a directed new share issue and large shareholders’ intention to sell existing shares to a fund managed by SB Management30.11.2020 17:36:35 CET | Press release
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, NEW ZEALAND, HONG KONG, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE MAY BE UNLAWFUL, WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES Press Release Stockholm, 30 November Sinch announces its intention to carry out a directed new share issue and large shareholders’ intention to sell existing shares to a fund managed by SB Management Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH Sinch AB (publ) (“Sinch” or the “Company”) has mandated Carnegie and Handelsbanken Capital Markets (together, the “Joint Bookrunners”) to evaluate the conditions for carrying out a directed issue of approximately 3.2 million new shares, through an accelerated book building process (the “Share Issue”). In connection with the Share Issue, and in order to meet the demand, certain larger shareholders, including s