Nokia to announce its first manufacturing plant in Vietnam on April 23rd
Highly rated gadgets
- 9.1 Apple iPhone XS
- 8.0 BlackBerry Motion
- 10.0 Nikon Z 7
- 10.0 FujiFilm X-T3
- 9.1 Apple iPhone XS Max
- 9.0 Panasonic LUMIX LX100 II
- 8.5 Xiaomi Mi A2
- 9.0 FujiFilm XF10
- 9.0 Sony WH-1000XM3
Over the last few months, Nokia has closed scaled back several of its Western factories and shed over 3,000 employees in a recent effort to cut costs. The Finnish handset maker will shift its manufacturing business to Asia and is planning to build a plant in Vietnam, a move that is expected to cost some $300 million according to Vietnamese news organization BaoMoi. “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,” Nokia EVP of Markets Niklas Savander previously said. The company will reportedly hold... »read more
More at: www.bgr.com Add additional source
Filed in: NOKIA