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Old 25th Aug 07, 02:03 AM
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Matsushita to Pony Up $172M for Nokia Battery Recall
*Source: TechNewsWorld (http://www.technewsworld.com/rsstory/59024.html)*
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Matsushita will pony up $172 million of the costs associated with Nokia's recall of up to 46 million handset batteries. The Japanese electronics giant will pay for the costs of logistics, operation of a call center connected to the advisory and the cost of replacement batteries, said Masatsugu Kondo, the president of the company's battery division.

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