South Korean handset maker Samsung is planning to rejig its smartphone production strategy and may shift some production capacity to India and Indonesia by investing a cumulative $140 million, said a media report.
from Gadgets Now It said Samsung will expand its manufacturing capacity at its India factory to 93 million units per year by 2022, from 60 million units per year at present, at a cost of $90 million. Its factory in Indonesia will upscale capacity to 18 million units per year during the same time frame, with an investment of $50 million, said the report.
Subscribe to:
Post Comments (Atom)
Global electric wheels take turn on to Indian roads
Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. T...
-
Samsung Galaxy S25 series, the next flagship phones from the South Korean tech brand is expected to be unveiled early next year. Samsung is ...
-
Carmakers and dealers are grappling with inventory levels amid slowing demand in India. The Federation of Automobile Dealers Associations (F...
-
Maruti Suzuki launches the new Swift 2024, priced from Rs 6.49 lakh. This model boasts enhanced features, safety, and fuel efficiency, maint...
No comments:
Post a Comment