Nokia may move headquarters to Silicon Valley

February 9, 2011 8:14:59 AM PST
The Bay Area could soon be home to another major high-tech company.

There are reports that Nokia is considering a plan to move its headquarters from Finland to Silicon Valley. Nokia is the most popular cell phone maker in the world. The company's president says he wants to make the company more competitive.

An announcement could come as soon as Friday.

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