Nokia's Salo plant is Finnish-ed
Nokia will close its Finnish plant in Salo and retrench another 850 people as it struggles to maintain some hold on its business according to Fin24 that says the company has lost out in the smartphone war to Apple, Samsung, Android and even BlackBerry.
Nokia was once the dominant cellphone manufacturer in the world but lost favour among consumers who moved to smarter, more powerful brands on the market.
Sales of the new Nokia Lumia Windows phone have stalled. Last week Microsoft announced that its new Windows Mobile software would not run on Nokia phones and analysts predict that Microsoft is about to launch its own mobile phone anyway.
Last week Microsoft announced plans to introduce a tablet computer too.
Read the full article on www.fin24.com.