Samsung heir leaves for India with two missions

Samsung Samsung biggest mobile factory Samsung Noida factory where is worlds biggets mobile factory Samsung Galaxy series PM Narendra Modi Samsung Electronics Moon Jae-in South Korea Samsung smartphone business electronics business

They will be face to face at a ceremony on Monday to mark the completion of Samsung's newest factory for smartphones in Noida, a planned city in the northern state of Uttar Pradesh.

In front are open fields with grazing cattle, to the left are under-construction residential societies and to the right is its existing facilty - this where Samsung has set up what is the world's largest mobile factory.

The Noida plant was set up in 1996 and is the first of two manufacturing units in India for the company.

Samsung is also making India a strategic foothold for its expansion into the global mobile network market.

President and CEO of Samsung India, HC Hong, said that a bigger manufacturing plant would help the company cater to the growing demand for Samsung products across the country. In 1997, production commenced and the first television was rolled out.

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The facility is expected to double Samsung's production capacity of consumer electronics like refrigerators and flat panel TVs, further consolidating the company's leadership in the segment.

India's smartphone market grew 14 per cent with total shipments of 124 million units in 2017, the fastest pace of growth among the top 20 markets, according to International Data Corp. "Moon's visit to the Samsung factory could be a great help for Samsung that is struggling in India and China as chased after by Chinese rivals".

When it comes to mobile manufacturing, Samsung is manufacturing over 10 per cent of its overall production in India, and aims to take it to 50 per cent in the next three years, according to IANS. The two sides were looking at defence hardware procurement and manufacture, Prakash said pointing to India looking at minesweepers for the Indian navy.

Regarding the smartphone business in India, the second-biggest market after China, Koh told The Korea Herald, "Our performance in the market is recovering, and we will do better". Keep in mind that the 120 million means feature phones as well. Numerous software products designed for Samsung's smartphones in India are developed by these R&D teams.

With the begnining of this New Plant India's Make In India and Skill India Will get a major Push in the country.

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