Nokia unveils AI strategy, sets higher profit goal

HELSINKI, Nov. 19 (Xinhua) -- Finnish telecom equipment maker Nokia on Wednesday unveiled an artificial intelligence (AI)-driven strategy, a new long-term profit target and plans to launch a dedicated defense unit.

Nokia aims to raise annual comparable operating profit to between 2.7 billion euros (3.1 billion U.S. dollars) and 3.2 billion euros by 2028, up from 2 billion euros generated between the fourth quart