Nokia Partners With Sanmina to Manufacture Broadband Network Products in US

By Dominic Chopping

Nokia will partner with Sanmina to manufacture broadband network electronics products in the U.S. at the Sanmina Pleasant Prairie facility in Wisconsin.

The Finnish telecom equipment company said Thursday that the deal will see it manufacture fiber-optic broadband network electronics products and optical modules in the U.S. for use in the Broadband Equity, Access and Deployment program.

The U.S. government's BEAD program provides funding to expand high-speed internet access by funding planning, infrastructure deployment and adoption programs.

"Having access to technology that is built in the U.S. is an important requirement for states and infrastructure players seeking to participate in BEAD and the $42.45 billion of available funding allocated for broadband rollouts to unserved and underserved communities," Nokia said.

Manufacturing of Nokia's fiber-optic broadband electronics products is expected to start in 2024 and bring up to 200 new jobs to the state of Wisconsin.

Write to Dominic Chopping at [e-mail]

(END) Dow Jones Newswires

August 03, 2023 05:53 ET (09:53 GMT)

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