Nokia Vietnam unit to address global demand for mobile phones

Telecom Lead Asia: 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

“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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