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Nokia to Sell Its Tuner Operations
February 07, 1997
Nokia has today signed an agreement to divest its tuner operations. Under the agreement, Nokia will sell its Turku tuner factory to Semi-Tech Turku Oy. The factory’s entire production staff, a total of 96 people, will maintain their seniority and transfer to Semi-Tech Turku’s employment.
Nokia, which is discontinuing the production of tuners and the related sales generated, will continue developing tuners for multimedia equipment in Turku. In the future, these components designed to meet the special needs required by digital transmission technology will be manufactured by subcontractors.
"Developing the multimedia tuners needed in multimedia terminals requires solid experience and know-how in radio frequency technology. A command of this technology has long been important for Nokia in the design of tuners for satellite receivers and now for multimedia terminals as well," says Heikki Koskinen, President of the Nokia Multimedia Network Terminals division.
Nokia’s multimedia terminal production began in 1996 in Motala, Sweden.
Nokia Multimedia Network Terminals has all together around 700 employees in Finland, Sweden, Germany and elsewhere in Europe. Nokia’s multimedia terminal products are mainly sold in Europe.
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