MANUFACTURING: NOKIA, SIEMENS JOINT VENTURE (to set up a second manufacturing facility in Kolkata to manufacture switches)
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[December 11, 2006]

MANUFACTURING: NOKIA, SIEMENS JOINT VENTURE (to set up a second manufacturing facility in Kolkata to manufacture switches)

(India Business Insight Via Thomson Dialog NewsEdge) Nokia and Siemens Networks are forming a 50:50 joint venture to set up a second facility in Kolkata to manufacture switches. The joint venture is likely to manufacture handsets at a later date. Siemens Public Communication Networks, the telecom arm of Siemens, is also likely to be merged with this new entity.



Copyright 2006 Silverline Information Systems Pvt. Ltd. Source : Financial Times Information Limited

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