To get the maximum benefit of looming 5G technology, companies across the world are racing to get their hands on best human resources available in the market to make their selves better equipped to get the bigger piece of pie of 5G technology.
In a similar move announced on Wednesday, Finnish telecom network equipment maker Nokia disclosed that it has made hundreds of new hiring by appointing engineers in its facilities in Finland that will help the network equipment maker to speed up development of its 5G network equipment.
In the global telecom network equipment market, Nokia competes with players like China’s Huawei and Sweden’s Ericsson, and in this rivalry Nokia has to spend more to compete with those major players in 5G network business around the globe that is expanding at a faster pace and last week Nokia slashed its profit outlook for years 2019 and 2020 due to those spending in efforts to fend off rivals, as said the company.
This year, Nokia came on recruiting 350 staff in Finland out of which 240 have been hired for company’s mobile networks unit with many of them placed in development process of company’s SoC (System on Chip) integrated circuits, which is an important part of developing Nokia’s 5G equipment, a Nokia spokeswoman told Reuters through email.
Tommi Uitto, head of Nokia’s networks unit, has confirmed the recent hiring of personnel for 5G development not only at its facility in Oulu but also at other sites including Espoo and Tempere, as quoted Helsingin Sanomat Finland’s largest daily newspaper. Uitto also said that after his start in current role a year ago, the pace of company hiring the staff has become increased.
A year ago, Nokia’s chief executive Rajeev Suri made several top management level changes in the company and part of those changes replaced Marc Rouanne, head of mobile networks unit at that time, with Tommi Uitto who is a Finn and was described as an expert in radio technologies by the company at the time.