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. 

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