Nokia moving four production lines to South Korea
By Dusan Belic on Tuesday, December 18th, 2007 at 8:45 AM PST In Nokia
As part of its reorganization efforts and due to a regional labor shortage, Nokia (NYSE: NOK) is moving four production lines from its Finnish Salo factory to South Korea. Apparently, the idea is to move the early stage production of mobile phone “engines” to accommodate more final assembly at the Salo factory.
According to Nokia spokeswoman Eija-Riitta Huovinen, it’s becoming increasingly important to have final assembly close to customers in order to deliver tailored products quickly. She also added that following the “move to Korea,” there will be six early stage productions lines left in Finland.
[Via: MarketWatch]
what will this mean in terms of product quality should be an interesting question.
Yes we will see but the problem Nokia have in Finland
(They have scream after people to there Factorys in Salo, but they have not get enough with workers…