Wednesday, February 8, 2012

Nokia ends European, Latin American production: it's all Asia now

Nokia's wielding another axe to its operations, cleaving away a further 4,000 employees from its operations in Finland, Hungary and Mexico. It follows a shedding of roughly 10,000 employees and a troubled withdrawal from Romania as the company pushes more operations towards Asia in an attempt to compete with its competitors. Whilst no more phones will be assembled in Europe, the company isn't closing the facilities outright, they'll be retained for "high value activities" (presumably R&D and other big-ticket projects). Whatever comes of Steven Elop's reign of the world's number one handset maker, it's clear to see that he's got a plan and he's sticking to it.

Nokia ends European, Latin American production: it's all Asia now originally appeared on Engadget on Wed, 08 Feb 2012 10:37:00 EDT. Please see our terms for use of feeds.

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