Listen carefully to the upcoming Nokia Capital Market Day and previous public appearances of Justin Hotard, what language Justin uses in relation to investments in the USA… Don’t be surprised if Nokia increases US headcount at the expense of Europe.

Biden’s IRA subsidies and Trump’s policies coming home to roost. We keep letting local billionaires get away with selling their countrymen to dictators everywhere.

“Nuremberg remains an important site for research and development in optical networks, Ulm remains an important site for research and development in mobile networks, Stuttgart remains an important site for Nokia Bell Labs and optical networks, and Bonn and Düsseldorf remain important customer contact sites.”

I have no idea about that stuff and where Nokia is located, but do they have that many branches in Germany?