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Nokia, LG to launch cell phone production in Iran

TEHRAN, Feb. 7 (Mehr News Agency) -- An Iranian consortium has reached preliminary agreements with mobile phone producer, Nokia to launch a cellular phone production plant in Iran, early next year (Iranian year begins March 21, 2007).

Three Iranian companies are negotiating with Nokia Co. to launch a cellular phone production plant in Iran, the Persian service of ISNA said on Wednesday. Meanwhile, the companies are in talks with other major cell phone producers on the issue, the report added.

Production of the cell phones will begin with the partial assembly of the imported semi knocked-down (SKD) sets however, at the second stage of the operation, the output will shift to semi knocked-down (CKD) importing.

The consortium will produce four million cell phones in the next year, noted Hamid-Reza Monji, a member of the board of directors of the consortium.

He also commented on the negotiations carried out between an Iranian company with the South Korean producer, LG and announced that domestic production of LG mobile phones is expected to commence by the end of the year.

... Payvand News - 2/7/07 ... --

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