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Nokia Corp., the world's biggest mobile phone maker, said Thursday it will expand a mobile phone factory in China to meet surging demand for handsets in Asia.
The company said it would start expanding the factory in the southern city of Dongguan in the third quarter of 2006. The expansion would cost about $14 million, the company said.
Production will be increased gradually, as well as the work force, which will would grow by 800 to 1,900, Nokia said. The company did not say how much production would increase.
'Increasing capacity in Dongguan will help Nokia to improve its competitive position in the fast-growing Chinese and Asian markets,' Nokia said in a statement.
Nokia currently has nine mobile device factories worldwide. Another plant in India is planned to begin operating in the first half of 2006. You will see that you can get a low rate car loan after bankruptcy. Many auto dealers and finance companies provide this kind of service. Avoid the easy buy-here-pay-here financing auto dealers as your payments will not show on your bureau report. We hope your are quite happy with the online lenders on this site. Most offer special financing (second chance) and other service. One thing is for sure; they will try everthing to get you into a new vehicle. They don't make money unless you are driving! It cost nothing to try!
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