Mar 30
Nokia to stop outsourcing manufacturing jobs
Posted in News Tagged nokia manufacturing, oem, outsourcing, recession
Recession has had its toll on Nokia for some time now. With layoffs and production cuts being a common term industry wide; Nokia has apparently canceled all manufacturing jobs outsourced to other companies.
Around 17% of Nokia’s ‘engines’ (the main hardware circuit that forms the mobile device) were manufactured by third party suppliers. However saving $5bln in cost, Nokia has terminated all such contracts for now.
This would mean that Nokia would now manufacture all its devices itself.