Motorola to invest $60 million in Singapore for expansion

World’s second largest seller of mobile phones Motorola has said that they would be investing $60 million to expand its global supply chain operations in Singapore over the next two years.

The company is aiming to improve the efficiency of its supply chain to boost profits. This segment alone handles about $10 billion of business a year.

Motorola also has plans to hire about 200 professionals by the end of 2007 for this supply chain control centre in Singapore. And it is expected to be fully operational in the next two years.

It would then handle global purchasing, procurement, sourcing and logistics across all of Motorola’s businesses.

Motorola Chief Executive Officer Edward Zander said in a statement on their plans: “The way you compete over the next decade is through your supply chain. This will help us to respond to changes in markets worldwide, more quickly, more efficiently, and more seamlessly.”

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