Nokia opens new r&d and manufacturing campus for ai-ready networks

OULU, Finland - Nokia (HEL:NOKIA), a $24.5 billion market cap telecommunications giant with annual revenues of $22.7 billion, opened a new research and development and manufacturing campus in Oulu, Finland, designed to develop next-generation networks optimized for artificial intelligence, according to a press release statement.

The facility, which houses approximately 3,000 employees, will focus on the entire lifecycle of 5G and 6G radio innovation, from design to manufacturing. The campus will ensure secure networks are built within Europe. According to InvestingPro analysis, Nokia maintains a strong 45% gross profit margin, supporting its ambitious R&D initiatives.

President of Finland Alexander Stubb attended the opening ceremony alongside Nokia President and CEO Justin Hotard. During a panel discussion, Stubb emphasized the importance of network infrastructure, stating that "when you’re working on 5G or 6G, you’re creating the neural network of whatever we do in artificial intelligence."

Hotard noted that the Oulu campus integrates Nokia’s R&D and manufacturing operations with local partners, including universities, startups, and NATO’s DIANA test center.

The facility’s immediate focus will be on 5G technology, including standardization, system-on-chips, radio hardware and software, and patents. The campus includes advanced radio network laboratory and manufacturing technology for both simulated and real-world field verification.

Sustainability features include an on-site energy station described as one of the world’s largest CO2-based district heating and cooling plants. Surplus energy from the facility helps heat 20,000 households in Oulu.

The 55,000-square-meter campus began construction in the second half of 2022, with employees starting to move in during the first half of 2025. InvestingPro data shows Nokia maintains a "GOOD" overall financial health score, suggesting strong positioning for this expansion. The stock currently appears undervalued according to InvestingPro’s Fair Value analysis, with 8 additional exclusive insights available to subscribers.

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