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Nokia Corporation Message Board

  • onmythirdmillion onmythirdmillion Apr 17, 2013 8:23 AM Flag

    Nokia’s Vietnam factory opens in Hanoi City April 17, 2013

    Nokia’s Vietnam factory opens in Hanoi City
    April 17, 2013 | By Surur

    Nokia Vietnam has indicated that their new Hanoi City factory, which broke ground last year, is now up and running, posting pictures of the facility and staff on their Facebook page.

    The factory is located in the Vietnam-Singapore Industrial Park (VSIP) in Bac Ninh, a province in the north of the country, and may employ up to 10,000 workers by 2014, churning out 45 million handsets per quarter.

    The handsets are predominately expected to be low-end, but hopefully it will increase Nokia’s capacity overall, and help eliminate those annoying supply issues which has dogged Nokia’s popular Windows Phone smartphones recently.
    April 17, 2013 | By Surur

    Nokia Vietnam has indicated that their new Hanoi City factory, which broke ground last year, is now up and running, posting pictures of the facility and staff on their Facebook page.

    The factory is located in the Vietnam-Singapore Industrial Park (VSIP) in Bac Ninh, a province in the north of the country, and may employ up to 10,000 workers by 2014, churning out 45 million handsets per quarter.

    The handsets are predominately expected to be low-end, but hopefully it will increase Nokia’s capacity overall, and help eliminate those annoying supply issues which has dogged Nokia’s popular Windows Phone smartphones recently

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    • Clearly this is good news, but, as the article states, the factory may be open but it is not at full production.

      I'm familiar with high volume, high precision manufacture, and typically a new line, much less a new factory, will undergo an extensive period of "Low Rate Initial Production". Machines need calibration, employees need to be trained, supply lines and procedures need to warm-up, internal lines of communication need to be exercised.

      45 million phones per quarter is high speed production. Nokia will be very careful they not making junk (phones with quality issues) at very high speeds.

      Bottom-line - good news, but I expect it will take some time (increase over a few months) before production really kicks in to full speed across all production lines. Patience.

    • Bac Ninh province has ancient buildings and lore, but is also being very modernized. Beautiful new buildings, shopping centers and factories. It is a very "up and coming" suburban part of greater Hanoi (Ha Noi). This would represent a "state of the art" area for production in northern VN, in my opinion, and a good choice for NOK to build and grow. NOK has a good image/reputation in VN for building very durable, good quality products.
      Thanks for the update.

      Sentiment: Buy

 
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