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Asia: Business

Microsoft to close 2 China factories, cutting 9,000 jobs

A cleaner walks past a Microsoft office building in Beijing.
Greg Baker | AFP | Getty Images

Microsoft plans to close two of its factories in China by the end of March, according to the Dow Jones News Service. That would mean the loss of about 9,000 jobs, as reported by the The Nikkei in the Friday morning editions.

The company inherited the two mobile phone factories when it acquired the handset division of Nokia last April. Some of the production will be moved to Vietnam.