Nokia Corporation Sponsored American Depositary Shares (NOK)

San Diego, California--(Newsfile Corp. - January 21, 2025) - Businesses across North America are facing unprecedented challenges and opportunities as...

Nokia provides network infrastructure solutions to telecoms, mobile network operators, hyperscalers, and cloud and service providers.

Ciena Co. (NYSECIEN) can be considered a legacy company in the computer and technology sector when it comes to the Internet.

The issuer is solely responsible for the content of this announcement.

Nokia Oyj (NYSENOK) is one today’s most active stocks by volume. So far today, approximately 16.11M shares of Nokia Oyj have been exchanged, as compared to an average 30-day volume of 24.58M shares.

BEAVERTON, Ore. - Feb. 6, 2025 - PRLog -- Versatile Video Coding (VVC) made significant strides in 2024, with growing adoption across consumer electronics, software frameworks, and industry applications, positioning it as a transformative technology set to expand further in 2025 with broader deployments and increased efficiency gain, says Justin Ridge, president of the Media Coding Industry Forum (MC-IF) and principal engineer at Nokia's multimedia research and standardization unit, in a recent vidcast interview for journalists. The past year saw VVC make significant inroads across multiple sectors, particularly in consumer adoption and industry integration.Milestones of 2024: VVC Finds Its Footing"One of the most notable achievements of 2024 was Intel's decision to integrate VVC decoding capabilities into its Lunar Lake GPUs. Released in September, this hardware-level integration signaled a major step forward in VVC's adoption, bringing the technology into the hands of everyday consumers through their devices," he said.In addition to hardware, software advancements also underscored VVC's growing presence. The versatile multimedia framework FFmpeg added support for VVC encoding and decoding mid-year, marking another critical milestone.Ridge described FFmpeg as a "Swiss Army knife for multimedia" and emphasized that its adoption of VVC makes the technology accessible to a much broader audience, from developers to independent content creators."These developments," Ridge noted, "are fostering a foundation for more widespread use.The Future of VVC: Forecasting 2025As 2025 approaches, Ridge expects VVC to make significant strides in three key areas."First, grassroots interest in the technology is likely to increase, thanks in part to FFmpeg's integration. With more tools making VVC accessible, independent creators and 'prosumers' are beginning to explore how the technology can compress files more efficiently and optimize streaming," he said.This grassroots adoption, Ridge predicted, will spark greater awareness and demand for VVC capabilities.Simultaneously, VVC is poised to expand further into consumer electronics. Ridge highlighted its inclusion in TV chipsets and its role in Brazil's new TV standards as signs of growing momentum."Once regional markets like Brazil adopt VVC on a larger scale," Ridge explained, global economies of scale often follow, driving adoption in other parts of the world."The integration of VVC into mobile ecosystems represents another promising frontier. Ridge pointed to demonstrations in 2024 that showcased the technology running efficiently on older mobile devices."These prototypes, combined with software designed for broader use, suggest that VVC's mobile applications could soon reach commercial deployment," he explained.Challenges and Key Considerations for AdoptionDespite its promise, the adoption of VVC is not without challenges. Ridge emphasized that deploying a new codec requires careful consideration of several factors. In industries like telecommunications, spectrum and bandwidth efficiency are critical. VVC's ability to deliver high-quality video at lower bitrates offers a potential solution to spectrum saturation, providing an incentive for adoption."Another challenge lies in managing fragmentation and compatibility. While VVC provides clear benefits, organizations must also consider how to maintain support for legacy systems during the transition. For example, broadcasters cannot afford to alienate audiences with older devices that lack VVC compatibility," said Ridge.The logistical complexities of integrating VVC into workflows also pose hurdles. From video production to transmission and decoding, the entire ecosystem must support the new codec for it to succeed. Ridge pointed out that timing is key; organizations must carefully align their efforts with broader industry readiness to maximize the benefits of adoption.The ROI of VVCFor organizations considering VVC, the potential return on investment is a compelling factor. On this front, Ridge noted that VVC has a lot going for its immediate and long-term future."This technology's coding efficiency is unparalleled, enabling organizations to achieve higher video quality at lower bitrates. This makes it possible for industry players to reduce storage and transmission costs significantly, an efficiency that translates directly into financial savings, whether through reduced storage needs or optimized spectrum usage," he said.Additionally, VVC's technical design makes it well-suited for deployment across an extensive variety of devices, including lower-end products."The codec's reasonable decoder complexity, which allows it to operate efficiently on a wide range of devices—including older smartphones—without excessive battery drain," he said.Beyond cost savings, VVC's rigorous design and testing processes ensure reliability and interoperability across various industries. The ability to span applications—from immersive video to scalable formats—further enhances its appeal, offering a unified solution that reduces the need for multiple specialized codecs.MC-IF's Role in Supporting AdoptionAs the industry navigates the opportunities and challenges of VVC, MC-IF will continue to play a critical role in facilitating adoption. Ridge outlined the organization's commitment to education, aiming to bridge the gap between the technical complexity of VVC standards and the practical needs of users. By providing clear guidelines and addressing concerns that VVC is difficult to deploy, MC-IF helps stakeholders understand how to integrate VVC effectively into a growing number of operations. Ridge underscored the expanding role of video across industries."From automotive applications to surveillance and beyond, video is becoming integral to products and services that were once outside the traditional scope of video technology. By supporting interoperability and scalability, VVC offers a pathway to unlock new opportunities across these emerging markets," he said.With the collective efforts of a growing ecosystem, 2025 promises to be a landmark year for this versatile and transformative technology. For Ridge and the industry at large, the focus remains on ensuring VVC delivers on its potential to reshape the future of video.To see the full interview with Justin Ridge, Click Here.Photos: (Click photo to enlarge) Source: MC-IFRead Full Story - VVC Gains Momentum in 2024; Adoption Milestones Set Stage for Breakthroughs in 2025 | More news from this sourcePress release distribution by PRLog

AMSTERDAM - Sept. 14, 2024 - PRLog -- IBC 2024 – Nokia, a member of the Media Coding Industry Forum (MC-IF), will showcase its next-generation technology supporting the integration of neural network post-processing filters with Versatile Video Coding (VVC) through application of the Versatile Supplemental Enhancement Information (VSEI) standard.Over the last few years, groups like MPEG have been exploring how neural network technology can enhance image quality and performance in video coding. The VSEI standard integrates neural network post-processing filters enabling functionality that includes video quality improvement, upscaling and enhancement of colorization and frame rate."This is a milestone exhibition that highlights the real-time implementation of the VSEI standard onto video quality," said Maria Santamaria, Senior Scientist for Video Coding, Nokia. "With the recent finalization of version 3 of the VSEI standard, the application of neural network filtering enables optimized video processing that benefits groups throughout the ecosystem such as encoder vendors, content providers, and end-users."Nokia and other MC-IF member organizations will be showcasing the latest advancements around VVC technology at Hall 3, #B.21 from Sept. 13 to 16."Chipsets integrated with AI processing units capable of running neural network filters are beginning to enter the marketplace. Nokia will illustrate how this technology can be deployed on the latest generation of consumer devices to deliver significantly improved video content after it has been decoded. By leveraging these neural network post-processing filters, coding gains around 5 percent can be achieved while maintaining high quality video at lower bitrates," said Santamaria.This first of its kind event points to advancements that allow content providers to tailor neural networks to enhance video compression for specific content such as video-on-demand services.  Live broadcasters can also leverage neural networks that are pre-trained for optimizing live video content on the decoder side of the production workflow.###About MC-IFThe Media Coding Industry Forum (MC-IF) is an open industry forum with the purpose of furthering the adoption of MPEG Standards, initially focusing on VVC, by establishing them as well-accepted and widely used standards for the benefit of consumers and industry.ContactAirrion Andrewsairrion@mindsharecapture.com

BALA CYNWYD, Pa., July 22, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

In recent years, mobile gaming has exploded in popularity, transforming from simple, casual games to complex, multiplayer experiences that rival traditional console and PC games. According to recent statistics, the mobile gaming industry is projected to reach a staggering $120 billion in revenue by 2023, outpacing other forms of gaming. This phenomenal growth is fueled … Continue reading "Mobile Gaming Madness: The Hottest Multiplayer Games to Play on the Go"

BALA CYNWYD, Pa., July 08, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

BALA CYNWYD, Pa., July 01, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Helsinki-based Nokia Corp. (NOK) entered a merger agreement on June 28, 2024, to acquire U.S. optical networking gear maker Infinera Corp. (INFN) for $2.3 billion, as the Finnish firm looks to expand its optical network business, especially in the North American market.

AST SpaceMobile Inc. (NASDAQASTS) is constructing the world’s first and only space-based cellular broadband network. They are

Blumberg Advisory Group has released a white paper sharing insights and innovations from a recent Executive Roundtable on service lifecycle management (SLM).

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Blumberg Advisory Group, a consulting company specializing in the field service and reverse logistics sectors, has released a white paper with insight to help companies enhance their Service Lifecycle Management (SLM) strategies.

BEAVERTON, Ore. - April 11, 2024 - PRLog -- Representatives from the Media Coding Industry Forum (MC-IF) will be on hand to demonstrate the progress in the development and deployment of Versatile Video Coding (VVC) at the National Association of Broadcasters Conference (NAB 2024) at the Las Vegas Convention Center from April 13 through 17, 2024.The mission of MC-IF is to promote technologies developed by MPEG. MC-IF is currently focused on the deployment of VVC, a video codec that offers improved coding efficiency and versatility for a wide range of applications."The adoption of VVC has significant business and economic implications for many different sectors of the economy," says Justin Ridge, president of MC-IF. "It introduces exciting opportunities to improve efficiency and performance while also creating new revenue streams for broadcasters, over-the-top service providers and other industries that depend on high-quality video to generate value. MC-IF is working to bring VVC to market by developing guidelines, increasing visibility, and showcasing interoperability at industry events like NAB 2024."Analysts, press and other parties interested in hearing MC-IF members speak during the event can visit the following sessions during NAB 2024:●      Member organizations of MC-IF will be showcasing the benefits of VVC at Booth W4235.●      Ericsson and Qualcomm will be demonstrating low latency VVC implementation in a cloud gaming application at Booth W4235.●      Fraunhofer will be demonstrating its latest implementation of efficient film grain coding for VVC at Booth W2857.●      Sunday, April 14, 3:00 to 3:20 pm PSTBroadcast Engineering and IT ConferenceLukasz Litwic and Justin Ridge (representing MC-IF members Ericsson and Nokia respectively) will present on the latest VVC Guidelines in room W220-W221.###About MC-IFThe Media Coding Industry Forum (MC-IF) is an open industry forum with the purpose of furthering the adoption of MPEG Standards, initially focusing on VVC, by establishing them as well-accepted and widely used standards for the benefit of consumers and industry.ContactAirrion Andrewsairrion@mindsharecapture.comPhotos: (Click photo to enlarge) Source: MC-IFRead Full Story - Media Coding Industry Forum Showcases the Latest Innovations in Versatile Video Coding at NAB 2024 | More news from this sourcePress release distribution by PRLog

Gryphon joins forces with Nokia by leveraging the Developer Toolkit to make Gryphon's application available in Nokia's Corteca Marketplace. This allows service providers to deploy advanced network security and comprehensive parental controls easily and quickly to all their broadband customers.

In an era where technology is rapidly evolving, mobile phones have become indispensable in daily life. However, with frequent use, these devices are prone to wear and tear, necessitating the need for reliable repair services.

BEAVERTON, Ore. - Feb. 1, 2024 - PRLog -- Media Coding Industry Forum (MC-IF) will focus on parlaying an eventful 2023 -- which saw the publication of the first technical guidelines for Versatile Video Coding (VVC) -- into an even more impactful 2024, which will see the emergence of products and services based on the compression standard. So says Justin Ridge, president of MC-IF and principal engineer at Nokia's Multimedia Research and Standardization unit, in a podcast interview for journalists.As demand for high-quality video continues to rise rapidly with the popularity of streaming services, social media video, and user-generated content, analysts at Verified Market Research project that the market for video encoding technology will reach $3.1 billion by the end of the decade, growing at a steady CAGR of 5.31%."The mission of MC-IF is to promote technologies developed by MPEG. Over the past few years, MC-IF has focused on VVC, a video codec that offers improved efficiency and applicability for a wide range of applications," says Ridge.Adopting VVC has significant business and economic implications for many sectors of the economy that depend on high-quality video experiences. For instance, VVC introduces exciting opportunities to improve efficiency and performance while creating new revenue streams for broadcasters and over-the-top service providers."Beyond publishing guidelines, 2023 was also a watershed year because several standards bodies approved VVC -- including SBTVD, DVB, SCTE and ATSC (where it is in-progress). These approvals are important because it lays the foundation for practical deployments," says Ridge."It is designed to handle a wide range of applications and has attracted participants from various industries -- including digital entertainment, manufacturing, and logistics as well as a growing number of drone applications," he says.As a result, we expect VVC to appear in a growing number of mobile devices and consumer electronics -- especially smart TVs -- as early as 2024. After that, we anticipate it to permeate into other areas, such as surveillance and security, in devices like drones and security cameras," says Ridge.A Closer Look at VVCVVC sets itself apart from legacy encoding technologies -- and even current encoding alternatives -- in several ways:

SHENZHEN, CHINA - Media OutReach Newswire - 24 January 2024 - Leading smart device company OPPO today announced that it has signed a global patent...

Ceragon Networks Ltd. (NASDAQCRNT) is a provider of high-performance wireless infrastructure solutions to cellular operators and wireless service providers.

Worldwide Fixed Wireless Device Market In-depth Research Report 2023, Forecast to 2031 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2029).

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