Samsung goes big in India with ‘world’s largest mobile factory’


Samsung is doubling down on India’s soaring demand for smartphones by opening “the world’s largest mobile factory.”

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Samsung is doubling down on India’s soaring demand for smartphones by opening “the world’s largest mobile factory.”

South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi formally opened the company’s expanded manufacturing plant in Noida, about an hour outside New Delhi, on Monday.

Built on 32 acres of land next to Samsung’s original factory in India, the plant will allow the South Korean firm to nearly double the number of smartphones it makes in India every year from 68 million to 120 million by 2020.

Samsung India CEO HC Hong described the factory as a “symbol of Samsung’s strong commitment to India and a shining example of the success of the government’s ‘Make in India’ program,” referring to Modi’s initiative to encourage global companies to invest in manufacturing operations in the country.

Until six months ago, Samsung was the top smartphone seller in India but it was overtaken by Xiaomi — the Chinese rival that just went public in Hong Kong — at the end of 2017.

Samsung announced the expansion of its plant a year ago as part of a $715 million investment in India.

Related: How China’s Xiaomi beat Samsung in India

Xiaomi is also building up its presence in India, where its cheaper devices have appealed to price-conscious consumers. It recently tripled its Indian manufacturing base by adding four smartphone plants in the country.

It now has a total of six factories that it says can produce two smartphones every second.

Samsung hopes the smartphones it makes in India will be sold locally and in other markets around the world.

“We trust that with Korean technology and Indian manufacturing, we will produce the best products of the world,” Prime Minister Modi said. “This [plant] is a big step in the direction of making India a hub of world manufacturing.”

Related: Disney’s next 700 million viewers might be in India

India has more than 300 million smartphone users, making it the world’s second-largest market for the devices behind China.

And roughly two thirds of the country’s 1.3 billion people still don’t have access to the internet. Many of them are expected to get online via smartphones as mobile data prices have tumbled following a price war started by India’s richest man.

Trademark and Copyright 2021 Cable News Network, Inc., a Time Warner Company. All rights reserved.

About FOX 2 News

FOX 2 and KPLR 11 in St. Louis cover the news in Missouri and Illinois. There are over 68 hours of live news and local programming on-air each week. Our website and live video streams operate 24/7. Download our apps for alerts and follow us on social media for updates in your feed.

President Harry Truman said: “It is amazing what you can accomplish if you do not care who gets the credit.” That spirit is alive and well at Fox 2. Our teamwork is on display each and every day.

Our news slogan is: “Coverage You Can Count On.” We quite frankly are too busy to worry about who gets the credit. Our main concern is serving the viewer.

We go where the stories take us. Whether it be Washington, D.C when a Belleville man opened fire during a congressional baseball game practice or to Puerto Rico where local Ameren crews restored power after more than 5 months in the dark.

Coverage You Can Count On means “Waking up your Day” with our top-rated morning show. From 4:00 am-10:00 am we are leading the way with breaking news. But our early morning crew also knows how to have some fun! Our strong commitment to the communities we serve is highlighted with our Friday neighborhood shows.

Our investigative unit consists of three reporters. Elliott Davis focuses on government waste, Chris Hayes is our investigative reporter, and Mike Colombo is our consumer reporter. They work in unison with the news department by sharing resources and ideas.

We continue to cover breaking news aggressively and relied on our seasoned journalists to make a difference with the stories we covered. The shooting of Arnold Police Officer Ryan O’Connor is just one example of that. Jasmine Huda was the only reporter who had exclusive access to the O’Connor family during his amazing rehabilitation in Colorado.

Last, but certainly not least, FOX 2 and KPLR 11 are committed to covering local politics. We host debates among candidates and have the most extensive presidential election coverage. Our commitment to politics isn’t just during an election year. We produce two political shows that air every weekend.


Latest News

More News