Samsung today unveiled its new smartphone factory in India. It is in the industrial city of Noida, in the Delhi region, has a total area of 140,000 square meters and is the largest mobile phone factory in the world today. A major event will be held and will also feature the participation of Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in.
The factory in existence has existed since the early 1990s and only produced televisions since 1997, with mobile phones only coming in 2005. Last year, the South Korean company announced a heavy investment of $ 620 million to double the production of in Indian territory.
With the contribution, the new Noida factory becomes the largest in the world and Samsung hopes to increase production from 67 million to 120 million smartphones produced per month. In the new space, the company will manufacture from its simplest, entry-level notebooks to flagships, such as the Galaxy S9.
If we take into account that out of the immense population of 1.3 billion people residing in India, almost a third ( 400 millions ) use a Samsung mobile phone, it is easy to understand why so much effort by the Seoul manufacturer to strengthen its roots with the Indian market. When all this is turned into a cipher, it becomes even more evident: in fiscal year 2017, India generated $ 5 billion in smartphone sales revenue for Samsung.