Wednesday, January 17, 2024

Nokia invests in German R&D

Nokia announced a substantial €360 million investment in software, hardware, and chip design at its Ulm and Nuremberg sites as part of a four-year European IPCEI project. 

The initiative, which is a collaborative effort funded by Nokia, the German Federal Ministry of Economics and Climate Protection (BMWK), and the German states of Baden-Württemberg and Bavaria, is focused on the integrated development of software, hardware, and high-performance systems-on-chips based on a digital twin, with applications in radio and optical products for future mobile communications systems.

Nokia says the investment will have a profound impact on the telecommunications industry in Germany and Europe. It will boost Europe's competitiveness and innovation capacity, particularly in microelectronics for emerging technologies like 6G and artificial intelligence. 

Tommi Uitto, President of Mobile Networks at Nokia, said: “This important funding will support our efforts to advance the telecommunications industry in Germany and in Europe, helping to drive innovation and strengthen competitiveness. In particular, it will help our research into microelectronics that will power future technologies such as 6G, artificial intelligence and the metaverse as well as develop networks that are more energy-efficient and powerful. Germany is an important market for Nokia, and we look forward to working with the government to produce cutting-edge technology that is ‘Made in Germany’.”

Highlights

  • Nokia is investing €360 million in software, hardware, and chip design in Ulm and Nuremberg, as part of a four-year European IPCEI project.
  • The project aims to develop integrated software, hardware, and high-performance chips for 5G-Advanced and 6G standards, with a focus on energy efficiency to support European climate targets.
  • This investment is expected to strengthen Europe's competitiveness in microelectronics, boost innovation for 6G and AI, enable metaverse applications, and enhance network energy efficiency.

https://www.nokia.com/about-us/news/releases/2024/01/17/nokia-plans-eu360-million-investment-in-microelectronics-and-communications-technology-in-germany/