Nokia reports 8% Q2 sales growth and expands US production

Nokia reported 8% year-on-year sales growth in the second quarter and said it is increasing production in the United States, according to Telecompaper.

TL;DR

• Nokia said second-quarter sales grew 8% year on year.
• The company said this was up from 2% growth in the first quarter.
• Nokia is also ramping up restructuring and US production.

Nokia said its sales growth improved to 8% on an annual basis in the second quarter. Telecompaper reported that this compares with 2% year-on-year growth in the first three months of the year.

Nokia also said it is ramping up restructuring. The source excerpt does not provide further detail on the scope, timing, or financial impact of the restructuring measures.

Nokia said it is increasing production in the United States. The source excerpt does not specify which products, facilities, or states are involved in the production increase.

Related questions

• What sales growth did Nokia report in the second quarter?
• How did Nokia's second-quarter growth compare with the first quarter?
• What operational changes did Nokia say it is making in the United States?