caLogo

News

SAN JOSE -- Flextronics is in "advanced talks" to acquire a portion of Alcatel-Lucent's China manufacturing operations, according to a report in Reuters today.

The contract manufacturer is interested in Alcatel-Lucent Shanghai Bell, a major unit with some 1,000 staff and with more than $1 billion in revenue.

Alcatel-Lucent is about to be acquired by Nokia, and the latter is expected to sell off much of the former's manufacturing operations.

Shanghai Bell is a joint venture between the telecom giant and the Chinese government. No terms have been disclosed and company officials are not commenting, Reuters said. 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account