Nokia Cancelling $5B of Outsourced Cellphone Production
Nokia is canceling all of their external cellphone production. That equates to them cutting 17% of their manufacturing output. Ouch. [iSuppli] Nokia Pulls More Than $5 Billion in Business From Contract Manufacturers El Segundo, Calif., Mar. 27, 2009-In another blow to the beleaguered electronics contract manufacturing business, Nokia-the world’s largest mobile handset brand-announced that it…
