Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Samsung Vice Chairman Visits Noida Factory, Says India ‘One of the Biggest’ Global Markets With Huge Opportunity

Share

Samsung Electronics announced the visit of a company official to its Noida factory on Tuesday, praising its India-based research and development (R&D) teams. Notably, this facility, located in Noida, Uttar Pradesh, manufactures consumer electronic devices including smartphones, tablets, and refrigerators. As per the company, this is the official’s second trip to India in 2024, signalling the country’s growing importance for the South Korean technology conglomerate.

Samsung Official Visits Noida Factory

In a newsroom post, Samsung Electronics revealed that JH Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division visited the Samsung Noida factory which is dubbed as the “world’s largest mobile factory” by the company.

Following the visit, the official remarked, “India is one of the biggest and fastest-growing markets globally and offers a huge opportunity for Samsung. We were among the first companies to invest in India, and I am happy that the Noida factory has emerged as one of our biggest facilities, manufacturing not only for India, but for the world.”

Samsung’s Noida plant was first set up in 1996 – becoming one of the first global manufacturing facilities to be established in the country. It started smartphone manufacturing in 2017. The factory’s capacity was expanded to a production limit of 120 million smartphones per year in 2018, following an investment of Rs. 4,916 crore by the South Korean company. It is spread over 129,000 square metres. In January, TM Roh, President and Head of the Mobile Experience Business at Samsung Electronics announced that this facility will start manufacturing laptop models to be sold in the Indian markets later this year.

Apart from its Noida factory, Samsung also has another plant located in Tamil Nadu’s Sriperumbudur. During his visit, the Samsung Vice Chairman also praised the R&D carried out by its India-based teams. “I am proud that many young, enterprising engineers who are playing an important role in the development of AI are working at our R&D centers in India”, the official said.

Samsung says it is dedicated to the “Make in India” initiative. It has a total of three R&D centres in India, with two of them being located in Noida and one in Bengaluru.