Nokia Inaugurates $300 Million Phone Manufacturing Plant In Vietnam

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Nokia Devices and Services division head Stephen Elop has inaugurated the phone manufacturing plant in Vietnam. This US$300-million plant is located at the Vietnam-Singapore Industrial Park and it has been on a trial run since June with 2,500 workers. Nokia has started manufacturing basic models and Asha phones for now and soon it will move towards smartphone manufacturing over time.  Nokia has plans to produce over 45 million units per quarter when it goes on stream. As Microsoft is on the process of acquiring Nokia’s devices division, this factory will be soon owned by Microsoft. During the announcement, Microsoft cited matured operational process and system, globally scaled supply chain are some of the key capabilities that Nokia will bring to Microsoft as part of the acquisition.

I hope Microsoft will make use of all these assets to accelerate the Windows Phone growth in the market.

Source: Thanhneinnews

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