India, Aug. 17 -- Nokia continues to expand its long-term optical component manufacturing plans. Nokia remains on track with its new San Jose Fab to begin ramping production later in Q4-2026, and announced during Q2-2026 an investment to increase its advanced test and packaging capacity in Pennsylvania by 10x beginning in Q3-2026. These investments support the demand expected in 2027 and 2028.

As part of its long-term capacity planning, Nokia has entered into a definitive agreement to acquire NXP's Chandler semiconductor fabrication campus in Arizona.

Subject to the receipt of certain regulatory approvals, Nokia will initially lease manufacturing capacity in a portion of the facility on the site starting in early 2027, and will convert ...