Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Samsung to Build Cell Phone Plant in India
Sep 14, 2005
 Printable format
 Email this Article
 Search

Samsung Electronics is expected to push ahead with the construction of a mobile handset plant in India.

"It is true that we are considering such investment plans in India," a Samsung Electronics spokesman said. He, however, neither denied nor confirmed a news report about its construction plan.

Yonhap News Agency reported through a dispatch from India that Samsung Electronics has concluded a deal to build its mobile handset plant in either Noida or Mumbai, cities close to the capital city of New Delhi, weighing the tax incentives and logistics costs of the industrial complexes in the respective cities.

It said Samsung is considering installing facilities by renting an existing factory rather than building a new one. If so, Samsung will be able to launch operations of its proposed plant as early as end of 2005.

Samsung is reportedly considering establishing an independent subsidiary exclusively for the mobile handset operation in India apart from the existing Indian digital media and digital appliance subsidiary. A Samsung Electronics official also said it is highly likely for the electronic giant to set up separate entity to oversee its mobile handset operations in India if it is to build the plant.

LG Electronics, which launched commercial operation of its Ranjangaon mobile handset plant located 50 kilometers southwest of Pune, India, in the first half, churns out 2 million phones a year. LG Electronics is the first global cellular phone maker to establish mobile phone plant in India. (The Korea Times)

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows