North Rhine-Westphalia wants Nokia to pay back $92 million
Nokia is planning to close a plant in Finland for which they got around $63 million in subsidies.
The state government in North Rhine-Westphalia has said that they now want the mobile phone maker to pay back that money considering the plant close would result in the [...]
Canon to boost camera production in China
Canon has announced that they are now going to boost production of digital cameras in China.
They are also planning to establish a new laser printer plant in Vietnam.
Both of these initiatives are aimed to meet the growing demand for their products in the developing markets.
Canon said that they are [...]
Samsung India expanding manufacturing capacity in India
Samsung India Electronics has now inaugurated its second manufacturing facility in India.
This second unit is coming up at Sriperumbudur in Tamil Nadu.
The South Korean tech giant had signed an MoU with the Tamil Nadu government for this project some time back.
H B Lee, president & CEO, Samsung South [...]
