Tuesday, 7 October 2014

The death of Nokia near? :-(


Nokia on Tuesday said that it will shut down its Chennai plant from November 1 as Microsoft has terminated mobile purchase agreement from the the factory and it is left with no business.
Nokia started manufacturing in Chennai in January 2006 and exported to markets including in the Middle East and Africa, Asia, Australia and New Zealand from there.

"Microsoft has informed Nokia that it will be terminating the manufacturing services defined in the agreement with effect from 1 November 2014. In absence of further orders from Microsoft, Nokia will suspend handset production at the Sriperumbudur facility from 1st November," Nokia said in a statement.
Is the demise of one of the most iconic mobile company near?

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