Inventec Appliances lands a $500 Million contract from Nokia
By Stefan Constantinescu on Friday, December 15th, 2006 at 6:07 AM PST In Financial/Corporate News
Inventec Appliances is said to have landed US$500 million worth of handset orders from Nokia (NYSE: NOK), so it should boost the company’s handset shipments to over 20 million units in 2007, according to a Chinese-language Cnyes.com report.
Inventec was cited by the media as declining to comment on the speculation. According to the report, the orders are mostly placed for mid-range and entry-level handsets, and the total shipments may reach 10 million units.
Source: Digitimes
More handsets being made means more handsets being sold, means more money, so I guess the only thing to say is bravo Nokia!
