Samsung to set up $15-m handset manufacturing unit

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.

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Varun Krish is a Mobile Technology Enthusiast and has been blogging about mobile phones since 2005. His current phones include the Nokia Lumia 800 and Apple iPhone 4S. You can follow him on Twitter @varunkrish and on Google+ You can also mail Varun Krish