Motorola commissions Sriperumbudur plant

Monday, 28 April 2008, 04:51 Hrs
Printer Print Email Email
Chennai: Tamil Nadu Chief Minister M. Karunanidhi inaugurated the 1.72 billion ($43 million) mobile phone plant of the U.S. based Motorola at Sriperumbudur near Chennai Sunday.

Congratulating the $36 billion Motorola for selecting Tamil Nadu for its unit, he said: "With this plant, Chennai has become a global hub for electronics and telecom manufacturing."

Global mobile phone leader Nokia of Finland also has a plant at Sriperumbudur.

Motorola will make 12 million mobile phones and networking equipment such as base stations (6,500 units a year) and systems controllers at its 270,000 square feet facility.

A pioneer in Six Sigma quality initiatives, Motorola is trying to gain a considerable market share in India which is dominated by Nokia, LG and Samsung.

In 2007 the company posted a loss of $49 million.

The parent company has decided to split the firm into two companies - one to run the mobile phone business and the other to operate in the field of networking equipment and solutions.
Source: IANS
SPOTLIGHT
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..