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Latest Nokia Shifting Handset Manufacturing Stories

Nokia Shifting Handset Manufacturing To Asia
2012-02-08 10:54:04

Mobile handset maker Nokia plans to eliminate 4,000 manufacturing jobs in Hungary and Mexico, along with positions in its oldest factory, in Finland, as it shifts manufacturing to Asia, its largest market, reports Diana ben-Aaron for Bloomberg. The cuts of 8 percent of the phone business workforce bring total planned job cuts at the group under Chief Executive Stephen Elop to more than 30,000. Finland-based Nokia said most of the company´s existing production will move to existing...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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