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How Nokia went from iPhone victim to $1bn Nvidia deal

By Mark GrundellFinancial TimesJanuary 1, 2026 at 5:00 AMBullish1 min read
Analyst sentiment: Bullish

This headline suggests a significant turnaround for Nokia, which was once heavily impacted by the rise of the iPhone. The company has since adapted and formed a substantial $1 billion deal with Nvidia, likely signaling a strategic shift into new growth areas like AI, cloud, or enterprise solutions rather than consumer smartphones.

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