Nokia Demonstrates Future Of Voice Calls With 3D Audio: Details
Portfolio Pulse from Shivani Kumaresan
Nokia Corporation (NYSE:NOK) conducted the world's first live immersive voice and audio call over a cellular network using its IVAS codec technology, which is part of the upcoming 5G Advanced standard. This technology allows real-time spatial sound, enhancing the typical monophonic smartphone call experience. Despite the successful demonstration, NOK shares are trading lower by 1.02% at $3.87.
June 10, 2024 | 4:22 pm
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Nokia demonstrated its IVAS codec technology, enabling real-time spatial sound for calls, marking a significant advancement in 5G technology. Despite this innovation, NOK shares are down 1.02%.
The successful demonstration of IVAS technology positions Nokia as a leader in 5G advancements, potentially boosting future revenues. However, the immediate market reaction is negative, with shares down 1.02%.
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