Nokia moves device assembly to factories in Asia to improve time to market


Handset maker Nokia is moving its device assembly to it’s factories in Asia in a strategic move to improve time to market for it’s products. The 3 factories Komarom, Hungary, Reynosa, Mexico and Salo, Finland will no longer assemble devices but will only offer smartphone product customization aimed at customers in Europe and the Americas.Such a move is not surprising as a major portion of all electronic goods are manufactured in Asia due to lower costs and close proximity to component suppliers. Continue reading “Nokia moves device assembly to factories in Asia to improve time to market”