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July 9, 2018 10:00 pm

Samsung Opens World's Largest Phone Factory In India

According to Bloomberg, Samsung opened the world's largest mobile phone factory today in Noida, a satellite city of the Indian capital Delhi. The factory will reportedly "double Samsung's Noida unit capacity for mobile phones to 120 million units a year from 68 million units a year." From the report: "The opportunity is just massive," said Faisal Kawoosa, who heads new initiatives at researcher CMR Pvt. "Such a large facility will help Samsung cater to the huge demand in a country of 1.3 billion people where there are only 425 million smartphone users. The Samsung factory will make everything from low-end smartphones that cost under $100 to its flagship S9 model, according to the company. Earlier this year, China's Xiaomi displaced Samsung from the No. 1 smartphone spot in the country, breaking its long-held dominance.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/9Gx8Y-9A388/samsung-opens-worlds-largest-phone-factory-in-india

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