Nokia to close almost all sites in mainland China by year end, SCMP reports
Nokia to close almost all sites in mainland China by year end, SCMP reports Aug 18 (Reuters) - Finnish telecom equipment giant Nokia NOKIA.HE plans to cut most of its workforce in mainland China and close sites in stages by year end, the South China Morning Post reported on Tuesday, citing sources familiar with the situation.
Reuters could not independently verify the report.
(Reporting by Devika Nair in Bengaluru; Editing by Shilpi Majumdar)
Recent news on Nokia Oyj
See all newsFinland's Nokia, ICEYE to explore sovereign satellite communications for Ukraine
Brief: Iceye, Nokia Partner With Ministry Of Defence Of Ukraine To Develop Sovereign Satcom Capability
Nokia Oyj reports results for the quarter ended September 30 - Earnings Summary
Brief: Nokia Reports Q3 Adjusted EBIT Margin Of 11.7%
Nokia tops Q3 net sales expectations on AI-related demand