Nokia's Chennai Plant had stopped functioning in November due to ongoing Tax issues in India and also because of Microsoft refusing to use Chennai plat for production of its phones. Microsoft decided to kill Nokia X, Asha and Nokia Feature Phones as part of its major restructuring post Nokia-Microsoft deal
If it comes true, you may frankly imagine a Nokia N1 manufactured in Nokia's now closed Chennai plant. Foxconn, the ODM that will be manufacturing and selling Nokia N1 has shown interest in buying the Nokia Chennai plant, if reports have to be believed.
Earlier reports had Indian manufacturer Lava reportedly
ET reports that Nokia's Chennai plant, that has been officially closed on November 1, may soon get a new lease of life, but under a new master. Indian manufacturer Lava is reportedly in talks with Nokia to buy the plant and seems they have already visited the plant to do
It was supposed to happen on November 1, but seems Nokia has stopped producing phones in the Chennai plant already. As per the reports, Nokia announced `No production day' from Friday until October 31 since the last batch of orders was completed on Thursday itself.
Microsoft had recently decided to kill
Nokia is planning to sell Chennai plant, where it will stop production from November 1, after Microsoft terminated the service agreement. The service agreement was signed earlier at the time of deal-closure between Nokia and Microsoft.
The plant was not transferred to Microsoft, due to asset-freeze imposed by Supreme court over
Nokia has informed that it will suspend handset production at Chennai plant from November 1, as Microsoft has decided to terminate the service agreement signed earlier at the time of deal-closure between Nokia and Microsoft. This service agreement envisaged Microsoft continuing with orders for its low-end handsets to be manufactured
Nokia's D&S division has changed hands to Microsoft, but the Chennai plant is left out of deal due to ongoing Nokia-IT department tax tussle. Nokia will run this plant for Microsoft under a service agreement. Nokia also plans to move production to friendly sites like Vietnam and there is fear
HTC, which considers India to be one of its crucial markets has shown interest in buying Nokia's Chennai plant, in case it is up for sale. The plant in question may not make it to Microsoft under Nokia-Microsoft deal due to ongoing tax issues. Nokia has offered VRS to its
It seems the realization is slowly setting in that due to ongoing Tax tussles with Indian IT (Income Tax) and Tamil Nadu state IT departments, the Chennai plant may not make to Microsoft as part of the Nokia-Microsoft deal. But, Nokia will keep on manufacturing phones for a period of
Nokia India tax case has reached to such a stage where the Chennai plant is reportedly seeing erosion in production volume and seems at a risk of job cuts as well. The matter has got complicated with a new tax bill slapped against Nokia, this time by state government. The Chennai
Nokia faced a new tax bill in India, this time slapped by the Income tax officials of the state in which Chennai plant is located. Nokia has filed a writ against this new tax claim, but this time around it hasn't to fight it alone, as it is getting strong
Nokia has today released a press statement in regards to a new "Tax claim" against it in India, this time by the Tamil Nadu state government, though. Chennai plant was built on Government provided SEZ land and you may know that companies manufacturing and exporting items from SEZ enjoy tax