Nokia to close almost all sites in mainland China by year end: Report
Finnish telecom equipment maker Nokia 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.
A Nokia spokesperson said the group has communicated earlier that it has been taking steps to better align its operations in China with its global operations, and that its China business has steadily declined in recent years years.
