Nokia, Nokia 500M Euro Loan to Start 5g Phone | Financial Brokerage

Nokia 500M Euro Loan to Start 5g Phone

Nokia drew a 500M euro R & D loan from the European Investment Bank on February 24. The loan facility agreement was signed in August 2018 but was released only in February this year.  It had an average maturity of approximately five years after disbursement.

The first 5G phone will appear in the upcoming James Bond film, No Time To Die. It can be seen in the teaser before HMD Global officially launches the device. The new 5G handset or the rumoured 10 and 9.2 is in the 90-second video teaser for the movie.

Agent Nomi, played by Lashana Lynch uses Google Assistant to bring up photos, navigation directions and send text messages. The technology firm behind this brand posted a Bond-themed teaser not only for 5G but also for 7.2 and 3310.

How the Nokia 5G is Featured in the Bond Film

It shows a potential two-day battery life, where Agent Nomi says, “36 hours in pursuit, and we’re still going strong”. On that scene, the battery level reads 20% as the camera flicks to the corner of the phone.

This modern technology handset is also shown to have a large display taking up the majority of the front. It has a small chin housing the Nokia logo. Aside from possibly packing in a big battery, the 5G phone also has a centralized screen notch for the selfie camera.

The rear of the handset is shown with a large, circular, camera bump seemingly housing four cameras with central flash.

Also seen is a rear-mounted fingerprint scanner below the camera protrusion and headphone jack on the top edge. A power button and volume rocker are on the right and a quick launch-key on the left. Several other shots reveal other special features of the phone.

When We Can Catch a Glimpse of the Nokia 5G

No Time To Die release date was set for November 12 in the UK and November 25 in the US. It was moved from its April playdate to November amid the coronavirus concerns.

However, on March 19, the wait will be over as the launching of the handset is slated to push through.

Technology news reported the phone company has cancelled dividend payouts by late 2019. The company’s finances have been in focus since then. They said they would need to invest more than they expected for the development of the 5G equipment.

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