The telecommunications industry supply chain is experiencing a significant downturn as Nokia and Ericsson recently issued pessimistic forecasts regarding carrier spending, particularly in the United States. Nokia's Sales Outlook Cut Amidst Weakening Demand Nokia (ticker: NOK) has slashed its sales outlook, attributing it to deteriorating demand in the second half of the year. … [Read more...] about Telecommunications Industry Faces Turbulence as Nokia and Ericsson Issue Stark Warnings
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