Nokia, the iconic Finnish mobile phone maker, is making a return to Europe with the announcement of plans to set up a new production facility in Spain. The move is part of a larger effort by the company to re-establish itself as a major player in the global smartphone market, following its acquisition by HMD Global in 2016.
The new production facility, located in the Spanish city of Alcalá de Henares, will be the first of its kind for Nokia in Europe. It is expected to create around 1,000 jobs in the region, while also providing a boost to the local economy. The facility will be used to produce a range of Nokia-branded devices, including smartphones, tablets and feature phones.
Nokia has already been producing devices in Asia, but the move to Europe marks a significant shift in its strategy. The company is hoping that the new production facility will help it to better compete with rivals such as Apple and Samsung, which have both established a strong presence in the European market.
Nokia’s decision to set up a production facility in Spain is also a sign of the company’s commitment to the European market. The company has been investing heavily in research and development in Europe, and is looking to capitalize on the continent’s strong manufacturing base.
The new production facility is expected to be operational by the end of 2019, and will be used to produce a range of Nokia-branded devices. The company is also planning to launch a new range of products in the European market, including a 5G-capable smartphone.
Nokia’s move to set up a production facility in Europe is part of a larger effort by the company to regain its foothold in the global smartphone market. The company has been investing heavily in research and development in Europe, and is looking to capitalize on the continent’s strong manufacturing base.
The move is also part of a larger effort by HMD Global to expand the reach of its Nokia-branded devices. The company recently announced plans to launch a new range of devices in the US, and is also looking to expand its presence in other key markets around the world.
Nokia’s decision to set up a production facility in Spain is a clear sign of the company’s commitment to the European market. The move is also part of a larger effort by HMD Global to expand the reach of its Nokia-branded devices. The company is hoping that the new production facility will help it to better compete with rivals such as Apple and Samsung, which have both established a strong presence in the European market.
Nokia’s move to set up a production facility in Europe is a clear sign of the company’s commitment to the continent. The move is also part of a larger effort by HMD Global to expand the reach of its Nokia-branded devices. The company is hoping that the new production facility will help it to better compete with rivals such as Apple and Samsung, which have both established a strong presence in the European market.
Nokia’s decision to set up a production facility in Spain is a clear sign of the company’s commitment to the European market. The move is also part of a larger effort by HMD Global to expand the reach of its Nokia-branded devices. The company is hoping that the new production facility will help it to better compete with rivals such as Apple and Samsung, which have both established a strong presence in the European market.
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