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The Finnish company Nokia announced its intention to invest in business development and development in Germany . This was reported by the Reuters resource.
According to available information, the company plans to invest in the development of devices, hardware and chips, as well as software. For these purposes, €360 million has been allocated. The funds are planned to be used for the development and activities of Nokia enterprises in Ulm and Nuremberg in Germany.
The development of chips, hardware and software are part of a four-year project. It will be jointly financed by Nokia, the German Federal Ministry of Economic Affairs and Climate Protection, and two German federal states.
The company has not yet specified for what purpose the chips that will be developed in Germany are intended.
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