Nokia (NOK) plans to move its Asia-Pacific region corporate HQ to Beijing from Singapore as part...

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia (NOK) plans to move its Asia-Pacific region corporate HQ to Beijing from Singapore as part of a strategy to adapt its operations to the business environment. An exec with the firm says the mobile phone maker will increase its focus on assembly in Asia, closer to suppliers. Shares -2.1% premarket.