Unfortunately we’ve seen this coming!… Nokia has announced planned changes to three of its factories in Komarom (Hungary), Reynosa (Mexico) and Salo (Finland), after recently shutting down its factory in Jucu (Romania).
After reviewing smartphone manufacturing operations, announced last September, the Espoo-based company is aiming to increase competitiveness by shifting device assembly to factories in Asia, where major suppliers are located. The three aforementioned factories will focus on smartphone product customization with substantially reduced manufacturing efforts. The measures taken will impact approximately 4,000 employees with personnel reductions planned throughout the year.
“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. 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“, said Niklas Savander, Nokia executive vice president, Markets.