Nokia considers opening a factory in Argentina

www.WirelessFederation.com/news: Opening of a new handset factory in Argentina by Nokia is on the cards thus, taking its tally of own-factories to ten worldwide. The handset production of the company is being moved to lower cost countries and the move came under controversy when it closed its Bochum plant in Germany.

According to Nokia spokesman Tapani Kaskinen, Nokia is investigating the possibility to arrange mobile device assembly in Argentina.

The company currently has ten factories in nine countries: Brazil, China, Finland, Hungary, India, Mexico, Romania, South Korea and recently it announced its plans to cut around 12% of its workforce at its Finnish factory as it switched the facility from low-cost handset production towards higher margin smartphones.