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November 30, 2005
Samsung to setup cell phone manufacturing plant in India
(Bloomberg) -- Samsung Electronics Co., the world's third-largest mobile-phone maker, plans to build a manufacturing plant in India to win market share in one of the world's fastest-growing major cellular-phone markets.
The factory will be built at Manesar in Haryana state, near New Delhi, Ruchika Batra, Samsung India spokeswoman, said in a telephone interview today. The company didn't provide details.
Suwon, South Korea-based Samsung follows Nokia Oyj and Motorola Inc., the top two mobile-phone makers, in manufacturing locally. South Korean rival LG Electronics Inc. has started making mobile phones in the western Indian city of Pune.
Posted by admin at November 30, 2005 01:27 PM