2 days ago
Samsung expanding manufacturing portfolio in India: Ashwini Vaishnaw
Synopsis
Samsung is increasing its manufacturing efforts in India, according to Union Minister Ashwini Vaishnaw. The company already has its second-largest mobile phone manufacturing facility in India and is the second-largest exporter of handsets. Samsung is also preparing to manufacture laptops in India and makes all smartphones it sells in the country.
ANI Samsung Electronics South Korean electronics major Samsung is expanding its manufacturing portfolio in India, union minister Ashwini Vaishnaw said on Saturday. Globally, Samsung has its second largest mobile phone manufacturing unit in India and it is the second largest exporter of the handsets from the country after Apple.
"Samsung continues to expand manufacturing of its advanced technology devices in Bharat, driven by talent and innovation. Its research unit in Bharat has more than 7,000 engineers," Vaishnaw said in a social media post. The minister on X posted a photo of his meeting with Samsung Southwest Asia, President and CEO, JB Park and Samsung Southwest Asia, Corporate Vice President, SP Chun. Earlier this year, Samsung Electronics President and Head of Mobile eXperience (MX) Business TM Roh had said the company is preparing for manufacturing laptops in India.
The company continues to make all smartphones that it sells in India including latest flagship smartphones Galaxy Z Fold7, priced in the range of Rs 1.74 lakh to Rs 2.11 lakh apiece and Galaxy Z Flip7 which is priced in the range of Rs 1.09 lakh to Rs 1.22 lakh apiece.
