HMD to set up Nokia 5G device production facilities in Europe
The Nokia licensee says that European production is a "security" step.
HMD Global, one of the largest Nokia production partners, has announced that it plans to set up smartphone production facilities in Europe, according to Reuters.
This marks the first major smartphone production capabilitie... Read more
Lenovo opens its first European in-house manufacturing plant
Lenovo announced the opening of its first in-house manufacturing plant in Europe. The factory, based in Ullo, Hungary, specializes in server infrastructure, storage systems and high-end PC workstations for clients across Europe, the Middle East and Africa.
The investment will have substantial ec... Read more
Northvolt plans to construct its third battery manufacturing facility in Northern Germany
Powered by an absolute clean electricity grid in Germany, Northvolt Drei establishes the cleanest batteries in continental Europe with a capacity of up to 60 GWh.
Northvolt's factory assembled its first battery cell in December, located in the northern Swedish town of Skelleftea. The second, a j... Read more
Intel invests 1 billion U.S. dollars in expansion chip plants
Currently, there is a worldwide shortage of processors for computers. Most likely for that reason, Intel today announced that it is investing 1 billion U.S. dollars in its chip factories, in an attempt to increase production.
The investment will be spread over three plants: in Ireland, Israel and th... Read more