Nokia moving some production to South Korea
STOCKHOLM (MarketWatch) -- Nokia Corp. is moving four production lines from its Finnish Salo factory to South Korea as part of a reorganization in the Finnish plant, said Nokia spokeswoman Eija-Riitta Huovinen Friday.
The move to South Korea is for early stage production of mobile phone "engines" and is done to accommodate more final assembly at the Salo factory.
Huovinen said it's becoming increasingly important to have final assembly close to customers in order to deliver tailored products quickly.
An expansion in Salo to handle early stage production and final assembly wasn't possible due to a regional labor shortage.
Huovinen said Nokia has hired around 400 new staff at the Salo factory earlier this year and now has 2,600 staff there.
She also said there will be six early stage productions lines left in Finland after moving four to South Korea.
source
The move to South Korea is for early stage production of mobile phone "engines" and is done to accommodate more final assembly at the Salo factory.
Huovinen said it's becoming increasingly important to have final assembly close to customers in order to deliver tailored products quickly.
An expansion in Salo to handle early stage production and final assembly wasn't possible due to a regional labor shortage.
Huovinen said Nokia has hired around 400 new staff at the Salo factory earlier this year and now has 2,600 staff there.
She also said there will be six early stage productions lines left in Finland after moving four to South Korea.
source
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