HMD Global to start manufacturing components in India

Nokia 8 Sirocco is priced at Rs 49,999, and will be available in India starting April 30.

Neighbourhood Technology Desk/Avi Arya:  HMD Global which sells the iconic Nokia brand of phones  is working hard towards manufacturing its own components in the country, a top company executive has emphasized. This company, which has sold 70 million Nokia devices globally, has grown its business nearly five times in the past eight months in India.

With an aim to boost domestic manufacturing, the government has imposed a 10% duty on import of key components such as camera module and printed circuit board assembly. The company said it will also work with Foxconn to set up surface-mount technology lines. Surface-mount technology (SMT) is a method for producing electronic circuits in which the components are mounted or placed directly on to the surface of printed circuit boards (PCB).

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s