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Nokia (NOK) and IISc Team Up to Drive 6G Research in India
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Nokia Corporation (NOK - Free Report) recently inked a partnership with the Indian Institute of Science (“IISc”) to boost 6G research in India. Per the agreement, the partners will jointly conduct research on 6G radio and 6G architecture. Nokia and IISc will also research the application of machine learning technology in the 6G air interface, operating from Nokia's newly established 6G Lab in Bengaluru.
Based in Bengaluru, India, IISc is a premier research institution known for its contributions to science and engineering research and education. It partners with leading international institutions, universities and research organizations to enhance the scope and impact of its research initiatives.
With the strategic collaboration, Nokia aims to explore the deployment of 6G technologies in key sectors such as transportation safety, healthcare, education and sustainability in India. The initiative is likely to add impetus to India’s ‘Bharat 6G Vision’, which aims to propel the country as one of the foremost contributors to 6G development. By focusing on use cases, the research is likely to address the development of sustainable and energy-efficient communications systems, ensuring seamless and secure connectivity for critical communications.
The partnership is likely to innovate the cellular infrastructure to address the large-scale societal needs of developing countries like India while contributing simultaneously to advancements in the global 6G ecosystem. Nokia’s recently established 6G Lab at its Global R&D center in Bengaluru aims to accelerate the development of 6G technologies and advanced use cases. The state-of-the-art project is anticipated to foster collaboration between Nokia and India’s academic community.
The multi-faceted collaboration between industry leaders such as Nokia and academia is likely to result in joint research initiatives, projects and possibly the establishment of research labs or centers dedicated to unveiling cutting-edge mobile technology to the world at scale. The company seeks to expand its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets. Nokia is likely to ink similar contracts in the future to strengthen its position in the wireless equipment sector by elevating its technological capabilities and reliability.
The stock has declined 24.2% in the past year against the industry’s growth of 10.7%.
Image Source: Zacks Investment Research
Nokia currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
InterDigital, Inc. (IDCC - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 170.50%. In the last reported quarter, it delivered an earnings surprise of 16.53%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks.
Arista Networks, Inc. (ANET - Free Report) , carrying a Zacks Rank #2 at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has delivered an earnings surprise of 13.28%, on average, in the trailing four quarters.
The company holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed data center segment. It is increasingly gaining market traction in 200 and 400-gig high-performance switching products and remains well-positioned for healthy growth in the data-driven cloud networking business with proactive platforms and predictive operations.
Ubiquiti Inc. (UI - Free Report) , carrying a Zacks Rank #2 at present, is a key pick in the broader industry. Headquartered in New York, it offers a comprehensive portfolio of networking products and solutions for service providers and enterprises at disruptive prices.
It boasts a proprietary network communication platform that is well-equipped to meet end-market customer needs. In addition, it is committed to reducing operational costs by using a self-sustaining mechanism for rapid product support and dissemination of information by leveraging the strength of the Ubiquiti Community.
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Nokia (NOK) and IISc Team Up to Drive 6G Research in India
Nokia Corporation (NOK - Free Report) recently inked a partnership with the Indian Institute of Science (“IISc”) to boost 6G research in India. Per the agreement, the partners will jointly conduct research on 6G radio and 6G architecture. Nokia and IISc will also research the application of machine learning technology in the 6G air interface, operating from Nokia's newly established 6G Lab in Bengaluru.
Based in Bengaluru, India, IISc is a premier research institution known for its contributions to science and engineering research and education. It partners with leading international institutions, universities and research organizations to enhance the scope and impact of its research initiatives.
With the strategic collaboration, Nokia aims to explore the deployment of 6G technologies in key sectors such as transportation safety, healthcare, education and sustainability in India. The initiative is likely to add impetus to India’s ‘Bharat 6G Vision’, which aims to propel the country as one of the foremost contributors to 6G development. By focusing on use cases, the research is likely to address the development of sustainable and energy-efficient communications systems, ensuring seamless and secure connectivity for critical communications.
The partnership is likely to innovate the cellular infrastructure to address the large-scale societal needs of developing countries like India while contributing simultaneously to advancements in the global 6G ecosystem. Nokia’s recently established 6G Lab at its Global R&D center in Bengaluru aims to accelerate the development of 6G technologies and advanced use cases. The state-of-the-art project is anticipated to foster collaboration between Nokia and India’s academic community.
The multi-faceted collaboration between industry leaders such as Nokia and academia is likely to result in joint research initiatives, projects and possibly the establishment of research labs or centers dedicated to unveiling cutting-edge mobile technology to the world at scale. The company seeks to expand its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets. Nokia is likely to ink similar contracts in the future to strengthen its position in the wireless equipment sector by elevating its technological capabilities and reliability.
The stock has declined 24.2% in the past year against the industry’s growth of 10.7%.
Image Source: Zacks Investment Research
Nokia currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
InterDigital, Inc. (IDCC - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 170.50%. In the last reported quarter, it delivered an earnings surprise of 16.53%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks.
Arista Networks, Inc. (ANET - Free Report) , carrying a Zacks Rank #2 at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has delivered an earnings surprise of 13.28%, on average, in the trailing four quarters.
The company holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed data center segment. It is increasingly gaining market traction in 200 and 400-gig high-performance switching products and remains well-positioned for healthy growth in the data-driven cloud networking business with proactive platforms and predictive operations.
Ubiquiti Inc. (UI - Free Report) , carrying a Zacks Rank #2 at present, is a key pick in the broader industry. Headquartered in New York, it offers a comprehensive portfolio of networking products and solutions for service providers and enterprises at disruptive prices.
It boasts a proprietary network communication platform that is well-equipped to meet end-market customer needs. In addition, it is committed to reducing operational costs by using a self-sustaining mechanism for rapid product support and dissemination of information by leveraging the strength of the Ubiquiti Community.