Nokia is set to cut 4,000 jobs as it moves its smartphone assembly to Asia.
The job cuts will affect factories in Komarom, Hungary, Reynosa, Mexico and Salo, Finland [pictured]. It follows a review of Nokia's smartphone manufacturing operations that it announced in September last year. Nokia said the change in production aims 'to increase the company's competitiveness in the diverse global mobile device market'.
The manufacturer said the factories will focus on smartphone product customisation but there would be a substantial decrease in the work carried out on those sites. Around 4,000 employees will be affected and the changes will be completed by the end of 2012.
Nokia executive VP for markets Niklas Savander said: 'With the planned changes, our factories at Komarom, Reynosa and Salo will continue to play an important role serving our smartphone customers. They give us a unique ability to both provide customisation and be more responsive to customer needs.
'Shifting device assembly to Asia is targeted at improving our time to market. By working more closely with our suppliers, we believe that we will be able to introduce innovations into the market more quickly and ultimately be more competitive,' said Savander.
'We recognise the planned changes are difficult for our employees and we are committed to supporting our personnel and their local communities during the transition.'