Article: Flextronics to manage Ericsson's mobile phone operations.

M2 PRESSWIRE-26 January 2001-FLEXTRONICS: Flextronics to manage Ericsson's mobile phone operations (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:26012001

Stockholm, Sweden -- Today, Ericsson announced a substantial restructuring of its cell phone business on a global basis. Flextronics, (NASDAQ: FLEX), a world-class electronics manufacturing services (EMS) provider focused on delivering end-to-end solutions to original equipment manufacturers, has been selected as the significant partner in that restructuring. Specifically, Flextronics will be responsible for the following:

* Industrialization and new product introduction of Ericsson designed ...

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