30 November, 2009
Nokia says to stick with manufacturing plants
HELSINKI, Nov 30 (Reuters) - Top mobile phone maker Nokia (NOK1V.HE) has no plans to divest its manufacturing plants, a company spokesman said on Monday, squashing rumours of possible divestments.
"Our logistics and manufacturing network is a very important competitive advantage for us, and a core part of our business," Nokia spokesman Thomas Jonsson said.
"We have no plans to change our business model," he said.
Nokia's marketing head Anssi Vanjoki told German magazine Wirtschaftswoche he would not rule out a sale of its core handset manufacturing business in the long term, sparking rumours of possible divestments. [ID:nGEE5AR082] (Reporting by Tarmo Virki)
((tarmo.virki@reuters.com, +358-9-680 50 235, Reuters messaging: tarmo.virki.reuters.com@reuters.net))
Source: http://www.reuters.com
Nokia says to stick with manufacturing plants Added: (30.11.2009)
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