Friday, February 10, 2012

Nokia Shifting Device Assembly to Asia

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"Shifting device assembly to Asia is targeted at improving our time to market. By working more closely with our suppliers, we believe that we will be able to introduce innovations into the market more quickly and ultimately be more competitive,” said Niklas Savander, Nokia executive vice president, Markets. “We recognize the planned changes are difficult for our employees and we are committed to supporting our personnel and their local communities during the transition.”

According to the press release, Nokia will offer a comprehensive support program, including financial support and assistance with re-employment. You may also want to read this excellent article from the New York Times explaining why many tech companies are moving their manufacturing solutions to Asia.

source: thenokiablog

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