MEMS sensors manufactured by Murata in Finland are used in applications such as car safety systems and pacemakers.

Microsoft has confirmed it will close its mobile phone unit in Finland, cutting 1,350 jobs.

Nokia isn't going away, and it surely once again deserves the tech world's respect and attention.

Okmetic Oyj (Vantaa, Finland), a supplier of engineered wafers for MEMS and analog applications and the eighth largest wafer supplier in the world, has recommended acceptance of an offer from National Silicon Industry Group (NSIG) of Shanghai, China.

Nokia is cutting 1,032 jobs in Finland as part of a cost-cutting program following its acquisition of Alcatel-Lucent, the telecom network equipment maker said in a statement on Friday.

Finland's Nokia is planning to cut up to 70 jobs from its technologies unit in Finland, its spokeswoman said on Wednesday.

Nokia said on Friday it had agreed to close its Salo plant in Finland after talks with union representatives, and repeated it aims to cut 3,700 jobs in its home country.

Stephen Elop, the first non-Finn to run Nokia, on Sunday quashed rumors the cellphone maker could move its headquarters to the United States from Espoo, a suburb of the Finnish capital Helsinki.

Nokia plans to offer severance packages worth 5-15 months of regular salary but hopes some of the employees affected will be relocated elsewhere in the company.

Nokia plans to align its R&D operations in Finland and Denmark. Up to 230 employees at the Oulu site in Finland and around 100 employees at the Copenhagen site in Denmark will be affected, Nokia said. The number would represent about 2 % of its R&D personnel globally.

Nokia has reported a loss for the July to September quarter after sales sank by almost a fifth.

Finland may not be the most obvious place to stick millions of the world's computer servers. But the country now wants to become home to the world's computing power.

Finland and China have recently signed high-tech contracts worth US$1 billion (euro720,000) and planned new top-level trade talks aimed at further deals worth more than US$2 billion, according to Chinese Vice Premier Li Keqiang.