Up to 150 high value-added jobs will be created by Nokia Solutions and Networks Ltd. at their Budapest R&D center to conduct research on 5G technology. The program will cost EUR 6.8 million (over a quarter of which is covered by Hungarian taxpayers according to a government decision, and promises to trigger the development of […]

Finnish electronics giant Nokia has announced the lay-off of 2,300 people from its smartphone factory in Komárom, northern Hungary. The Hungarian Ministry of National Economy and Nokia will establish a workgroup to help the laid off workers.