A transnational corporation - Nokia

Nokia makes mobile phones.

Nokia also hires very highly skilled people

Nokia also hires people who don't have high qualifications

Nokia is based in Finland

Nokia has a headquarters in Finland

Nokia also wants to leave Finland for production

Nokia wants to move to NICs.

Nokia wants to move because

Low Labour costs

Reduce overall costs

Cheap land

Low building costs

Low business rates

Where is Nokia going?

Nokia is moving to parts of Asia.

Vietnam has good reception.

China

South Korea

They had no choice to move.

Nokia had to move to Asia as it has become a center for electronics production.

Nokia had to terminate 3500 jobs in Romania.