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Motorola new production base will operate in mid-May

  • Author:Abby
  • Release on:2015-03-25

The new production base of Motorola Mobility in Wuhan, China will commence commercial production on May 11, according to a Chinese-language tech.sina.com report.

The production base aims to roll out 16 million handsets in 2015 with total production value reaching CNY15 billion (US$2.41 billion).

Equity investment in the production base will reach CNY3 billion in the next three years, with total investment to climb to CNY5 billion later. In addition to production lines, the base will also accommodate a global operating hub and a research and testing center will come online in the second half of 2016, the report said.

The base's total production value in 2016 will double to CNY30 billion, the report added.