Nokia has started developing its production facility in Vietnam. The new unit will serve the growing demand for mobile phones all over the world.
The Nokia Vietnam manufacturing facility is being developed on an area of 17 hectares. Nokia expects to start the operations of this factory in early 2013.
The new production unit is being established to meet the growth in demand for these phones, as well as to help Nokia to deliver a contemporary mobile experience to the next billion consumers all over the world.
"The new Nokia manufacturing plant will produce and provide new devices for compelling and affordable, localized mobile experiences, particularly in the growth markets," said Mary McDowell, executive vice president, Mobile Phones, Nokia.
Nokia has launched an aspirational portfolio of devices that include fresh, contemporary design and form factors that are optimized for great experiences, such as social, entertainment, and messaging, and services that extend the value proposition to consumers.
Nokia currently operates two representative offices in Vietnam: one in Ho Chi Minh City and the other in Hanoi. These offices carry out marketing and promotion activities for Nokia's handset business. In 2011, Nokia established a branch office in Phnom Penh, Cambodia, increasing its footprint within the IndoChina region.
In November, 2011, Nokia established a new company, Nokia (Vietnam) LLC, to build and operate the new Vietnam manufacturing facility.
"We highly appreciate Nokia's efforts in making this commitment a reality, which contributes to the growth of foreign investment in Vietnam in general and in Bac Ninh in particular. We also hope this will bring up not only economic value, but also other social benefits for the country like job creation and community knowledge enhancement on information technology alike," said Nguyen Nhan Chien, president of People's Committee of Bac Ninh province.
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