Samsung to set up $15-m handset manufacturing unit

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New Delhi , Dec. 9

KOREAN electronics major Samsung, on Friday, announced its plans to invest $15 million to set up a mobile handset manufacturing facility in India.

The factory will be set up at Gurgaon, Haryana. This is Samsung’s fourth overseas handset manufacturing facility in the world after China, Brazil and Mexico. The facility will have an initial capacity of 1 million units per year, which will be stepped up to 20 million units by 2010.

read more here Business Line


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One Response to “Samsung to set up $15-m handset manufacturing unit”

  1. [...] [FoneArena] by Varun | posted in Technology Trackback URL | Comment RSS Feed Tag at del.icio.us | Incoming links Technorati Tags | samsung, india, mobile, cellphones, facility,fdi [...]

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