PM Modi Will Inaugurate World’s Largest Smartphone Factory in Noida!

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

Prime Minister Narendra Modi on Monday will visit Noida in Uttar Pradesh, to inaugurate a new unit of Samsung plant.

The facility in Sector 81 will allow Samsung to manufacture phones at a lower cost due to its scale, while other phone making hubs in China, South Korea and Vietnam are getting expensive, analysts who track the sector said. Seoul's presidential office also said that Moon briefed Swaraj on the idea of "partnership for people, mutual prosperity and peace" that he plans to present to Indian Prime Minister Narendra Modi during their summit scheduled for Tuesday.

The company is now making 67 million smartphones in India and with the new plant being functional, it is expected to manufacture almost 120 million mobile phones. The South Korean president then attended the opening ceremony of Samsung Electronics' plant in Noida, southeast of New Delhi. "Being one of the oldest manufacturers in India, the latest step to expand the facility may work to its advantage, say experts". He added the Samsung unit will export its products globally.

Announcing the investment previous year, the South Korean giant said that it would position the Noida plant as a major production hub and create about 5,000 new jobs. "Mobile manufacturing in India has been [riding] on the shoulders of Chinese brands of late, but the expansion of a brand like Samsung will send a very positive message across the globe". The mentioned plant will double the smartphone production. "If our two countries can pool our efforts to succeed in lunar exploration, we will bring much hopes and dreams to our people", he said.

Samsung's digital display technology uses augmented reality to help fast food restaurants enhance their customer experience by predicting what a person is going to order as they approach the menu. "We "Make in India", "Make for India", and now we will "Make for the World", Samsung India CEO HC Hong said.

According to International Data Corp, India's smartphone market grew 14 percent a year ago to 124 million units, the fastest rate of growth among the top 20 markets.

Yogi Adityanath, Uttar Pradesh chief minister said that the state government has provided all necessary support to Samsung in establishing the new facility. India is a big opportunity across price segments, including 2G feature phones.

Moon arrived in New Delhi on Sunday on a four-day visit to India. Today, Samsung is the market leader across mobile segments. "This will [also] help the ecosystem and auxiliary industries grow as they will have demand to be met", he added.

Related news:

Hot News

isis-killer-beheading-video-story-top Moscow drafts a blueprint for the Putin-Trump summit in Helsinki
Jul 10, 2018 - 07:59
Trump's own ambassador to NATO Kay Bailey Hutchison made a similar plea for harmony during a call with reporters Thursday. For context, the United States spends a massive amount on defense - 3.61 percent of our 2016 GDP was dedicated to it.

isis-killer-beheading-video-story-top It’s a European revolution at this World Cup
Jul 09, 2018 - 04:51
Brazil won the last of its five World Cup titles in 2002 with a team led by Ronaldo, Rivaldo and Ronaldinho. He said: "Everybody knows Didier Drogba is a bit of a big brother to me".

isis-killer-beheading-video-story-top British woman poisoned by nerve agent dies
Jul 09, 2018 - 04:13
Police have announced that they've launched a full homicide investigation. Public Health England said the risk to the general public "remains low".

isis-killer-beheading-video-story-top Brock Lesnar Enters Octagon At UFC 226, Goes After Daniel Cormier
Jul 09, 2018 - 03:59
The two were separated by UFC personnel and trainers, and the new champ eventually yelled , "Touch me now, you go to sleep later". Dana White was asked about Brock Lesnar's return after UFC 226 , and he said, "he's back, and now you know he's back".

isis-killer-beheading-video-story-top Michael Cohen must be making Donald Trump very nervous right about now
Jul 09, 2018 - 01:32
And Cohen also says this probe of Russian election interference by the special counsel Robert Mueller is not a witch hunt. Putin is unsustainable", he said. "I want to regain my name and my reputation and my life back", he said.

isis-killer-beheading-video-story-top Trump Contrasts North Korea Results: Obama Was ‘Very Close’ to War
Jul 07, 2018 - 03:19
Skepticism remains high about whether there will be practical gains following the Trump-Kim summit, given the lack of concrete promises .

isis-killer-beheading-video-story-top Samsung Galaxy S10 might feature triple-camera setup
Jul 07, 2018 - 03:04
It is said that the phone would be held shut by magnets and that the display would turn on automatically when the hinge is open. Samsungs's foldable flagship Galaxy X phone is expected to go official in the initial months of 2019 alongside the Galaxy S10.

isis-killer-beheading-video-story-top F1: Mercedes British GP practice Verstappen brought to a halt
Jul 07, 2018 - 02:51
Hamilton also revealed that he is planning to travel to Russian Federation to see the World Cup final next weekend. I don't see the necessity to decide every time. "For a change it seems like a good Friday, but I hope you're right.

isis-killer-beheading-video-story-top Which of the rumored new iPhone colors appeals to you most?
Jul 07, 2018 - 02:45
Reputable analyst Ming-Chi Kuo is reporting that Apple's 2018 iPhones will be available in a variety of colors . As it turns out, Apple's iPhone lineup could be quite a bit more colorful than it has been in recent years.

isis-killer-beheading-video-story-top ‘Ant-Man and the Wasp’ Cast Answer Your Most Googled Questions
Jul 07, 2018 - 02:27
As he struggles to rebalance his home life with his responsibilities as Ant-Man, he's confronted by Hope van Dyne and Dr. We're taken to the Lang house-eerily deserted, with the TV cut to an emergency broadcasting channel.

isis-killer-beheading-video-story-top Brazil and France target World Cup semi-finals
Jul 07, 2018 - 02:06
France then doubled their advantage after half-time when Fernando Muslera completely misjudged a speculative shot from Griezmann. There were also warm words for Uruguay's efforts from Griezmann, who was named man of the match .

isis-killer-beheading-video-story-top Nadal heads into the third round
Jul 07, 2018 - 00:05
In a match full of big swings, Keys led 5-2 in the first set before Rodina won the next nine games to go 4-0 up in the second. Subscribe to the IOL Sport Newsletter! .

isis-killer-beheading-video-story-top Katharine McPhee and David Foster Are Engaged
Jul 05, 2018 - 07:40
She kicked off her musical career with 2007's Katharine McPhee , eventually making it to the No. 2 spot on the U.S. Asked about the relationship rumors, McPhee previously told PEOPLE that she had " zero desire " to address them.

isis-killer-beheading-video-story-top Eastern Canada Heat Wave Continues, Causing Several Deaths In Montreal
Jul 05, 2018 - 04:54
The city is in the midst of an "extreme heat event", Environment Canada said in its warning on Sunday. Never leave people or pets inside a parked vehicle.

isis-killer-beheading-video-story-top Diego Maradona says England committed 'robbery' against Colombia
Jul 05, 2018 - 04:46
Referee Mark Geiger immediately pointed to the spot, and Kane buried his sixth goal of the tournament to give England the lead. Southgate admitted the gruelling nature of the match had taken its toll on his players, with Colombia shown six yellow cards.