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Samsung to step up investment in Noida manufacturing facility
TT Correspondent |  |  15 Sep 2011

Samsung Electronics Co. Ltd, a leading mobile phone provider, is planning to strengthen its mobile manufacturing operations in the country by stepping up its investments in the mobile manufacturing facility at Noida .The Company on Thursday announced that it has brought in investments of over US$ 70 million towards tripling the manufacturing capacity of its mobile manufacturing unit at Noida .

 

The Samsung mobile manufacturing unit at Noida is Samsung’s sixth overseas manufacturing unit in the world. The Company is manufacturing multimedia, dual sim and touchcreen models at the Noida facility.

 

Announcing the Company’s fresh investments into the mobile manufacturing facility Mr J S Shin, President & CEO , Samsung South West Asia said, “India is one of the top 3 mobile markets for Samsung in the world and we stand committed to this market and our Indian consumers. Given the strong potential of this market, we are working on consistently strengthening our presence in the country through a very innovative mobile portfolio as well as enhanced manufacturing and R&D operations.”

 

Samsung has installed highly advanced and hi speed SMD machines at thenoida  mobile unit. Beyond the installation of new , advanced , high speed production lines for increasing the manufacturing capacity, the Company has also recruited another 1500 employees at the Mobile manufacturing unit. With the manufacturing capacity increase at the Mobile Plant, the Company’s Noida manufacturing complex now provides employment to 4000 employees.

    
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15 Sep 2011(IST)  
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