Nokia will expand factory in Chennai
By Stefan Constantinescu on Monday, May 7th, 2007 at 1:40 AM PST In Financial/Corporate News
Great news, but little information:
Soren Pterson, Senior Vice President, Entry Business Unit Mobile Phone, Nokia (NYSE: NOK), told the Press Trust of India, "from the Chennai factory we shipped more than 25 million phones. We are very happy with the performance. It is running just as per our plans."
"I expect that we shall increase the capacity. But how much and when and what what will be the investment, we are looking at all these issues," he added.
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