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Nokia Reduces R&D Operations in Japan

November 24, 2009

TOKYO, November 24 /PRNewswire-FirstCall/ — As part of its global
efforts to align its research and development (R&D) operations to be in line
with its focused portfolio of future products, Nokia (NYSE: NOK) will be
reducing its R&D activities in Japan. As previously announced last week,
Nokia plans to reduce some of its R&D activities in Finland and Denmark.

Today’s announcement will impact approximately 220 employees in Japan.
The total number would represent slightly more than 1% of Nokia’s R&D
personnel globally.

Nokia will continue its significant sourcing activities in Japan.
Japanese manufacturers are important partners who play a critical role in
Nokia’s global supply-chain strategy and with whom Nokia continues to develop
its world-class logistics operations.

The Japanese operation of Nokia Siemens Networks, Nokia’s network
infrastructure business, is not affected by this announcement and continues
uninterrupted.

Vertu, Nokia’s exclusive line of handcrafted mobile phones for the luxury
market, will also continue operations in Japan unaffected by today’s
announcement.

About Nokia

Nokia is a pioneer in mobile telecommunications and the world’s leading
maker of mobile devices. Today, we are connecting people in new and different
ways – fusing advanced mobile technology with personalized services to enable
people to stay close to what matters to them. We also provide comprehensive
digital map information through NAVTEQ; and equipment, solutions and services
for communications networks through Nokia Siemens Networks.

http://www.nokia.com

SOURCE Nokia Corporation


Source: newswire



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