Nokia plans to develop Salo plant operating mod...

NOKIA / Nokia plans to develop Salo plant operating mode to further increase production speed and efficiency for a growing smartphone market processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. 

Espoo, Finland - Nokia is planning to develop the operating mode of its Salo
plant to ensure production is focused fully on the high-value smartphone market,
especially in Europe. The key drivers for a new operating mode in Salo plant are
diverse customer requirements, faster deliveries in high-end mobile device
manufacturing and the company's transformation towards a solution-driven
offering. The plans will result in the introduction of new and highly
specialized manufacturing methods and also entail changes to personnel at the
facility.

The planned new focus for Salo is expected to affect a maximum of 285 employees
involved in production and in related support functions at Salo. Today, Nokia's
Salo facility employs approximately 2 200 people.
Nokia will support alternative solutions, such as finding new positions at Nokia
for as many employees as possible. Nokia will begin consultations with employee
representatives about these plans, including discussions about voluntary
severance packages. Additionally, Nokia plans to stop currently ongoing
rotational temporary lay-offs at the Salo plant by the end of June 2010.

"Salo is a crucial part of Nokia's global manufacturing network. Plans involving
changes to employees are always painful, and they are set in motion only after
thorough consideration. However, with these plans our aim is to ensure the
plant's future competitiveness and its special role as one best suited to the
production of high value mobile devices," says Juha Putkiranta, Senior Vice
President, Markets, Nokia.

Nokia has a strong global mobile device manufacturing network with ten
manufacturing sites in nine countries - Brazil, China, Finland, Hungary, India,
Mexico, Romania, South Korea and the United Kingdom.

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.

Media Enquiries:

Nokia
Communications
Tel. [phone]
Email: [e-mail]


www.nokia.com <

http://www.nokia.com/>




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