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Nokia Ericsson wants to move sensitive business out of China? The official response denied this statement

via:CnBeta     time:2019/6/12 23:32:22     readed:157

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Not only that, but the newspaper also claimed that Nokia and Ericsson are planning to move some of their most sensitive businesses out of China.

In response, Nokia just gave a response and denied the statement in the report.

In a statement sent to us by the Global Times, Nokia said through its public relations company:

“The Chinese market has always been very important to us, and we believe that we will play a huge role in China's 5G construction. At the same time, our flexible supply chain can ensure that the company structure will not be purchased by the government. Changed from the requirements of the source."

Earlier, the British "Sunday Telegraph" announced in its exclusive report that in order to cope with the US's continued troubles against China, the prevention of Chinese-made equipment could not be sold to the United States and Europe, and the originals manufactured in Europe and the United States would encounter barriers in China. Nokia and Ericsson are considering a "big adjustment" to the company's structure, and may even "set up independent institutions in the Eastern Hemisphere and the Western Hemisphere" and set up an "independent supply chain" in the East and West.

On the other hand, the two are still planning to move some sensitive businesses out of China.

However, this report does not give a specific source of information from these statements, only that the message comes from "multiple sources."

▲ screenshot from the original report of "Sunday Telegraph"

The Sunday Telegraph also commented in the report that Nokia and Ericsson’s preparations have shown that globalization, which has developed over decades and brought prosperity to international trade, will be due to protectionist policies. Being reversed.

In addition, in addition to Nokia’s response today, Ericsson responded to the Sunday Telegraph report, saying that Ericsson isMobile phoneGlobal suppliers of network infrastructure, China and the United States are Ericsson's two largest markets, and Ericsson is participating as a lead participant in the 5G market in all regions.

A spokesperson for Ericsson also said that the company's supply chain is very flexible and has production capacity in countries across all continents.

▲ screenshot from the original report of "Sunday Telegraph"

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