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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT) -- Ignore unavailable to you. Want to Upgrade?

To: funincolo who wrote (1872)	2/13/2001 11:42:46 AM
From: funincolo	Respond to of 2413

Nokia ups China investments by US$700M in '00 (12 February 2001) Nokia rang in as the largest foreign-invested exporting enterprise in China when it increased its investment by more than US$700 million in 2000. According to its annual report for 2000, the company’s sales in China reached US$2.8 billion and its earnings from exports exceeded US$1.5 billion in 2000, according to the Feb. 3 Xinmin Wanbao (Xinmin Evening News). The annual report showed that China had become Nokia’s second largest mobile phone market, with sales that accounted for about 10 percent of its global market. All Nokia mobile phones sold in China were produced by two joint ventures located in Beijing and Dongguan (Guangdong province). Nokia produced 120 million mobile phones during 2000, 10 percent of which were for sale in China, the article said. At the end of 2000, Nokia had 250 service centers, as well as 800 stores or counters selling its mobile phones in the country.