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NOKIA SEZ
Foxconn reopens Indian manufacturing unit as Asian smartphone demand growsThe contract manufacturer is expanding into Tamil Nadu even as it runs operations in Andhra Pradesh; 20,000 jobs likely to be created- Many units in Nokia Telecom SEZ may reopen by March 2020Last week, Finnish company Salcomp, acquired by Chinese firm Lingyi iTech, sealed a deal to buy the one million sq ft Nokia factory inside ...
- Apple making iPhone XR in India, expanding operations: Ravi Shankar PrasadIT Minister Ravi Shankar Prasad said that Salcomp, the world's largest manufacturer and a major supplier of chargers to Apple for iPhone, h...
- Jobs back at Tamil Nadu's Sriperumbudur cluster post Nokia shutdownAccording to a letter, Taiwanese phonemaker Foxconn, Finnish manufacturer Salcomp and US-based Flex currently make up for 25,000 electronic...
- Foxconn India eyes space in Nokia SEZ to boost productionCompany is exploring the area for housing plants for its clients like Nokia and Xiaomi, which are growing rapidly and will require more pro...
- Foxconn may open up its Chennai SEZ for phone component firmsIf all goes according to the plan, we would have suppliers operating from the SEZ by this year, said an Foxconn official.
- Finland's Salcomp to buy factory inside Nokia SEZ near ChennaiSince Nokia got embroiled in a tax dispute, Salcomp and Laird had applied with the Delhi High Court for transfer of the sublease that Nokia...
- Foxconn hires ex-staff of Nokia Chennai plant for AP unitThe company has also hired most of around 3,000 staff at Nokia's facility at Sriperumbudur where production was suspended last year after a...
- Foxconn halts Tamil Nadu operations over Nokia shutdownThe Foxconn plant was set up with the express intent to supply to Nokia and the facility cannot used for making smartphone components.
- Dogged by poor orders from Microsoft, Nokia moves to single-shift operationAt the peak of production, Nokia used to make 1.50 lakh mobile handsets a shift or nearly 4.50 lakh mobile phones a day.
- Nokia India's workers move Delhi High Court for safeguarding their interestsWorkers of Nokia India's mobile manufacturing unit in Chennai moved Delhi HC seeking safeguarding their interests in view of the company's ...
- Nokia owes Rs 21,153 crore as total tax liability: I-T department to HCNokia had made the offer seeking to get its assets here, including its mobile manufacturing unit in Chennai, unfrozen.
- Nokia Siemens' bid to sell unviable landline assets hits Bengal air pocketNokia Siemens Networks' decision to sell its non-profitable landline assets worldwide has hit an air pocket in India.
- Nokia plans to revamp India business with Rs 250 cr; to create 500 new jobsNokia which is battling a tough competition has been on a global restructuring exercise since early 2011. It had even announced to cut 300 ...
- RFP for investment in two Delhi SEZs to be floated next weekDelhi government will come out with a global request for proposal next week seeking investment in the two Special Economic Zones to be set ...
- Jabil Circuit to move lock, stock and barrel to China from ChennaiThe US-based $12.8 billion electronics manufacturing services (EMS) giant Jabil Circuit has gone kaput.
- SEZ export obligation to attract tighter vigilanceThe introduction of export obligation for units operating within SEZs equivalent to the purchases made by them from the domestic tariff are...
- Nokia to ramp up mfg ops; to export moreNokia is readying itself for a bigger expansion that includes increase in exports.
- Social welfare? Some SEZs not botheredSome SEZ developers, especially in the IT sectors, are not keen to build accommodations for workers.
- India still far from SEZllingET takes a ringside view of the status of SEZs - expected to attract over Rs 40,000 crore in five years.
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