Chinese company Nokia and Finnish giant Tencent are joining forces to carry out R&D on 5G technology, testing concepts such as edge computing and cloud-based services at scale. No financial details were revealed, but industry insiders said the collaboration enables both firms to position themselves as market leaders in the cut-throat 5G space. Nokia’s end-to-end 5G Future X portfolio offers the company a chance to recapture its former glory, while Tencent will strengthen its presence with messaging apps, games and other tightly integrated network services.
Finnish company Nokia and Chinese giant Tencent are joining forces to carry out R&D on 5G technology, testing concepts such as edge computing and cloud-based services at scale. No financial details were revealed, but industry insiders said the collaboration enables both firms to position themselves as market leaders in the cut-throat 5G space. Nokia’s end-to-end 5G Future X portfolio offers the company a chance to recapture its former glory, while Tencent will strengthen its presence with messaging apps, games and other tightly integrated network services.