HELSINKI: Finnish telecoms equipment maker Nokia lifted its long-term profitability target after meeting strong demand for faster 4G networks this year, and said it also expected the business to grow in 2015.
The company, which ranks third in the global network-equipment market after Ericsson and Huawei Technologies, said it now targets long-term networks operating margin in the range of 8% and 11%, compared to its previous target of 5% to 10%.
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