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Electronics Production | October 29, 2007

Nokia Siemens lays of 350 in China

350 employees will be laid of at Nokia Siemens in China Shanghai.

A source from Nokia Siemens Networks China has told Interfax that the company has decided to lay off around 350 employees in China. Most of the employees that will be laid off are engineers. Nokia Siemens Networks said its third-quarter sales rose 26.4 percent in China, a sign of growing customer confidence in the joint venture.
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