The company said that it now expected the final sales price to
rise slightly above the previously announced 5.44 billion euros
Nokia said that due to an ongoing tax dispute with Indian
authorities, it would operate the Chennai factory as a contract
manufacturing unit for Microsoft.
It also said it will close a plant in Masan, Korea, which about 200
Nokia added its board of directors was due to meet early next week
in relation to the company's strategy assessment.
A media report earlier on Friday said Nokia would outline its new
strategy on Tuesday along with its first-quarter results, and that
it would also nominate Rajeev Suri, the head of NSN, as the new
($1 = 0.7236 euros)
(Reporting by Jussi Rosendahl)
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