Wintek to build a handset display plant in India

According to media reports, Nokia plans to invest about
150 million US dollars in this plant to manufacture mobile phone. In
addition, Motorola, Flextronics and Foxconn have plans to further
expand their production facilities in Chennai.

Wintek
is scheduled to enter mass production by the fourth quarter of 2007 and
capacity will eventually reach nine million pieces per month.

According
to DisplaySearch, Wintek was the leading supplier of MSTN displays and
was third in CSTNs in the second quarter of this year, shipping mainly
to Motorola and Nokia.

Source: Digitimes

Building manufacturing facilities in an emerging market. Think about that for a second folks. You have workers going to their job at Nokia, making Nokia phones, so that their family can purchase … wait for it … Nokia phones. Smart business move.