“Finland-based Nokia Corp., the world’s largest handset maker by unit shipments, said it plans to move some of its smartphone production closer to component suppliers in Asia, cutting about 4,000 jobs at assembly plants in Hungary, Mexico and Finland in a bid to get products to market more quickly,” Arild Moen reports for MarketWatch.
“In its latest move as it revamps its strategy, Nokia said it plans to cut 2,300 of the 4,400 jobs in Komarom in Hungary, 700 out of 1,000 jobs in Reynosa, Mexico, and 1,000 out of 1,700 factory jobs in Salo, Finland, as part of a long-term review of the plants announced in September,” Moen reports. “The three smartphone factories will instead focus on software development for languages, maps, applications and local operators’ software requirements.”
“Nokia has so far announced plans to shed around 14,000 job cuts since last February’s decision to adopt Microsoft Corp.’s MSFT +0.17% Windows Phone operating system in all its new smartphones and phase out its aging Symbian platform, a move it believes will help it regain market share after struggling to compete with Apple Inc.’s AAPL +0.33% iPhone and smartphones using Google Inc.’s Android software,” Moen reports. “Nokia had 130,000 employees at the end of 2011, including 66,000 at its loss-making Nokia Siemens Networks joint venture with Germany’s Siemens AG.”
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Beleaguered Nokia axes another 3,500 people; trims manufacturing operations – September 29, 2011
Nokia exec: Apple’s iOS platform is ‘outdated’ – August 10, 2011
Apple officially ousts Nokia as world’s largest smartphone vendor – July 29, 2011