Home Latest Posts #Nokia inaugurates new $300 million phone manufacturing plant in Vietnam.

#Nokia inaugurates new $300 million phone manufacturing plant in Vietnam.

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Though this news could have brought much cheer if Nokia had to continue in phones business. But, anyways this newly unveiled plant in Vietnam will keep manufacturing Nokia phones for quite some time even after MS’s acquisition. So, Nokia has inaugurated a $300 million plant in Vietnam on 28th after one and half years in construction. The plant will initially start with manufacturing Nokia 105 out of which 95% will be exported.

Covering a total area of 65,400 square metres, the factory initially manufactures the Nokia 105, shipping 95 percent abroad with five percent to be sold in the domestic market.-VNA

Thanks Tom for the Tip. Cheers!!

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