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Samsung to build $3 billion smartphone plant in Vietnam

HANOI: South Korea's Samsung Electronics Co Ltd has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

Nokia to suspend production at Indian handset plant

CHENNAI: Nokia Oyj said it would suspend mobile handset production at its troubled Chennai facility in India from Nov. 1 given that the company has yet to resolve a tax dispute with the Indian government.

Israel approves Intel’s $6 billion investment in chip plant

TEL AVIV: Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant in the southern town of Kiryat Gat.
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