PanAsianBiz

Motorola and Nokia Go Head-to-Head in India

by BBelew57 on June 9th, 2006

www.motorola.com and www.nokia.com are going head-to-head in the southern city of Madras, India.

But, Nokia is throwing the bigger punches.

Nokia announced plans to build a $150 million plant near Madras.

Motorola countered with a plan to invest $100 million in a plant of its own.

Where do these companies get all of this money? $150 mill, $100 mil and yesterday Yahoo put up $60 mil to invest in South Korea.

Could someone please drop a million near me, or invest in me?

India is one of the fastest growing handset markets. Gee, I wonder what country is number one.

Nokia dominates India now….but, to Motorola’s credit, they haven’t given up.

Can they cut in to Nokia’s lead?

What do you think?

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POSTED IN: All about India, Asia, Doing business in India, india