Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
© mopic _dreamstime.com Electronics Production | November 28, 2014

Nokia in talks with Lava about its Chennai plant

Indian smartphone manufacturer, Lava, is reportedly interested in acquiring Nokia's troubled Chennai facility.
The two companies are apparently in discussions about a possible take over/acquisition of the plant. And if a deal is struck, it could mean that thousands of former employees at the plant will be able to reapply for work.

Lava's manufacturing team has already done an assessment of the plant, and will make a proposal to Nokia sometime in mid-December, according to a report in the Indian paper Economic Times, citing people familiar with the discussions.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Ad
Ad
Load more news
November 14 2017 8:30 PM V8.8.9-1