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NOKIA HANDSET FACTORY
Salcomp to revive defunct Nokia handset factory: Ravi Shankar PrasadThe Finnish company which is one of the leading suppliers to Apple, will begin next financial year. It will invest Rs 2,000 crore over the ...- 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...
- Government will look into Nokia plant suspension issue, says Commerce Minister Nirmala SitharamanThe Finnish firm was forced to keep the factory out of a $7.5 billion deal with Microsoft Corp, due to tax dispute with Indian authorities.
- Nokia to suspend production at Chennai plant from November 1Microsoft completed the acquisition of the mobile handset business of Nokia, leaving the Chennai plant out, at end-April this year.
- 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 says handset business sale to Microsoft completedNokia said the sale of its handset business to Microsoft has been closed after the cos agreed to leave two factories in India and Korea out...
- Chennai Nokia factory to be contract manufacturing unit of MicrosoftThe Nokia factory in Chennai will become a contract manufacturing unit for Microsoft, the management of the handset maker told employee rep...
- Why Nokia India's Chennai plant has become the orphan factoryIn September 2013, Microsoft purchased Nokia’s handset business at the global level for $7.2 billion, a deal it will close tomorrow -- with...
- Nokia likely to leave India plant out of Microsoft dealNokia India has offered to put Rs 2,250 cr in an escrow account, plus pay an additional Rs 700 cr in instalments to free up the plant.
- Nokia Chennai plant employees may make announcement tomorrowEmployees of Nokia's manufacturing facility at Sriperumbudur near here are expected to convey their stand on the uncertainty over the futur...
- Tax case not expected to affect deal with Microsoft: NokiaLast year in September, the US-based firm had announced it will acquire almost all of the Devices and Services business of Nokia for $7.2 b...
- Chennai plant may shut down if tax issue unresolved: NokiaFinnish handset major Nokia today warned that its Chennai factory may shut down unless a Rs 21,153 crore tax issue is resolved.
- Delhi HC lifts Nokia factory freeze in tax dispute, allows sale of Chennai plant to MicrosoftThe Chennai plant is one of Nokia's biggest phone-making factories. Nokia appealed the seizure and has been trying to end the dispute.
- Nokia offers to pay part of Rs 3,000-cr tax payment demand to unfreeze its Chennai factoryShortly after Nokia announced a deal to sell its devices & services business to Microsoft, India's tax department froze the handset maker's...
- Nokia protests tax probe in Chennai; files letters of objection against the governmentNokia said it sent letters objecting to the authorities' actions including entering its factory premises.
- Nokia to introduce dual-sim enabled mobileFinnish handset-maker Nokia will soon introduce a 'dual sim'-enabled mobile phone in the Indian market, a company official said today.
- Jai Ho! India says hello to worldHandset manufacturers such as Nokia, Samsung, LG, Sony Ericsson and Motorola are shipping 60 million mobiles each year from the country to ...
- Chennai unit top producer for nokiaChennai has edged past China as a unit-wise volume producer of Nokia cellphones. In fact, Nokia’s Chennai factory is now the company's larg...
- 'India second to none as location for hardware manufacturing'Nokia on Thursday said India, which is so far known for its software prowess, is also among the best locations for setting up a hardware ma...
- Nokia to ramp up mfg ops; to export moreNokia is readying itself for a bigger expansion that includes increase in exports.
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