Nokia added $150 million to invest in China

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August 1 news, Nokia risk investment funds to directly injected 150 million U.S. dollars to expand the size of this fund has more than doubled, to India and China to invest more funds.
Nokia Chief Financial Officer Rick Simonson said, we have been in the investment enterprises around the world. However, we need access to China and India for more market share.
Menlo Park, Calif.-based growth in the Nokia partnership is established in 2004, responsible for the management of Nokia's 100 million U.S. dollars of funds. This risk investment funds, including investment graphics chip developer Bitboys Finland and the United States GPS chip maker Global Locate. Bitboys was in 2006 with ATI's acquisition of a 44.5 million U.S. dollars. Global Locate was Bitboys last year with 146 million U.S. dollars bought.
Simonson said that we early adopters of this model is very successful. Financial performance better than we expected.
In addition to seeking return on investment, the investment fund also sought to have the Nokia useful technologies emerging enterprises. Some areas of focus include digital cameras and mobile payment technologies. The mobile phone industry companies, venture funds have become a standard sideline, even though these companies do not use the same method.