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Nokia bags $1.76 billion deal with China PTAC
Nokia signed a 2009 framework deal on Monday worth USD 1.76 billion with China PTAC, the top phone distributor in China, to supply handsets in the country. However the value of the deal between the two declined from the previous year’s figures of USD 2 billion. The deal last year was valued at USD... »
Japan factory output dives 9.4% in February
According to the Japan’s the trade and industry ministry statement on Monday, the country’s factory output and auto production plunged 9.4 percent in February from the previous pledge month. This was the fifth straight faliure for the Japan’s industrial output as the companies drastically slashed their production to cope with the ragging recession in... »
