Nokia to Close German Mobile Phone Manufacturing Plant
Posted by Christie Lourens on Apr 17, 2007
The planned closure of the Bochum production site is necessary to secure Nokia’s long-term competitiveness, said Veli Sundb ck, Executive Vice President of Nokia and Chairman of the Supervisory Board of Nokia GmbH. Due to market changes and increasing requirements for cost-effectiveness, production of mobile devices in Germany is no longer feasible for Nokia. It cannot be operated in a way that meets the requirements for global cost efficiency and for flexible capacity growth.
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