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December 10, 2005
Samsung to start cell phone manufacturing in India
Samsung announced this week that it plans to set up a Handset Manufacturing facility in Haryana, India. The plant would be the company's fourth overseas handset manufacturing facility in the world after China, Brazil and Mexico.
With an initial investment of US$ 15 Million, this facility will have an initial Plant Capacity of 1 Million units annually, which will be stepped up to 20 Million units per annum by the Year 2010.
Scheduled to start mass production by end of the first Quarter 2006, the plant will produce GSM Handsets models from its 2006 line up at the Manesar facility, while the balance will continue to be imported. The Company will also customize these models with the help of Samsung India Software Operations unit (SISO), Samsung's R&D Centre located at Bangalore.
Posted by admin at December 10, 2005 08:38 PM