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Nokia to produce 5G equipment in northern Vietnam
Finish telecom giant Nokia has selected Foxconn Bac Giang in northern Vietnam as the producer of its new 5G equipment to serve both domestic and international needs.
Taiwanese contract manufacturer Foxconn starting next month will begin producing Nokia’s AirScale products, which were launched last year, Nokia said in a statement Tuesday.
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New Nokia's logo is displayed before GSMA's 2023 ahead of the Mobile World Congress (MWC) in Barcelona, Spain Feb. 26, 2023. |
AirScale equipment are said to provide extended 5G coverage with high efficiency.
Production is set to be scaled up to increase volume starting September.
Part of the products will be sold in Vietnam, where Nokia has already partnered with local companies in developing 5G technology.
Local manufacturing will enable Vietnamese service providers to fast-track 5G rollouts, the company said.
Nokia Global CEO Pekka Lundmark, during his visit to Vietnam in March, said that this company supports the government’s policy on producing equipment locally.
Many of Nokia's network equipment products have been made in Vietnam.
Vietnam is expected to commercialize 5G this year. Two state-owned telecom firms Viettel and VNPT have won bids for 5G frequency licenses.
Another frequency will be auctioned in June.
Regulations require a winning bidder to deploy 5G services within 12 months of receiving licenses and to have at least 3,000 5G stations after two years.
BAC GIANG - On June 5, the Bac Giang Provincial People's Committee (PPC) organized a meeting and dialogue with the business community in the province. The event was co-hosted by Le Anh Duong, PPC Chairman, Phan The Tuan, PPC Vice Chairman and Nguyen Cuong, Standing Vice Chairman of the Provincial Business Association.
The northern province of Bac Giang is focusing on removing difficulties to speed up the disbursement of public investment, striving to achieve 100% of the plan set for 2024.
BAC GIANG – The freshly approved master plan of the northern midland and mountainous region for the 2021-2030 period, with a vision to 2050, features many important contents impacting the development of Bac Giang province.
Vice Chairman of the Bac Giang provincial People’s Committee has said the northern province is stepping up trade promotion activities in 2024.
BAC GIANG - In recent years, Bac Giang province has gained many positive results in industrial development with stable growth rate. A number of new projects have come into effective operation. This success has been achieved thanks to enormous contributions of electricity sector, which ensure power supply to meet the province’s demand for industrial development.
Source: VnExpress
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