In Shenzhen, China, Foxconn International Holdings Ltd., the world’s largest contract maker of mobile phones, is to expand its customer base to offset the loss of business from Nokia according to Bloomberg.
Nokia is to manufacture more products itself as the global recession hits demand for handsets. The decision by Nokia may result in the loss of more than $5 billion of revenue to suppliers
Foxconn - http://www.fih-foxconn.com/home/default.aspx
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