Nokia expands in China

1 Dec 2005

Finnish equipment manufacturer Nokia has revealed plans to expand its mobile handset production facilities in China to cope with growing demand there and in the rest of Asia. The firm’s factory in Dongguan will be expanded, with the new facility entering service in the third quarter of next year. China is an important market for the Finnish firm where it currently employs around 6,000 staff in its four factories. Its phone sales in China rose 77% year-on-year in the nine months to the end of September, reaching 23 million units to give it a 30% share of the local handset market. Nokia has nine manufacturing plants around the world, with a tenth in Chennai, India due to be operational by mid-2006.

China, Nokia