By: IT NEXT
Source: http://www.itnext.in
The leading electronic player plans to provide 4,000 jobs at its Noida centre
Mobile phone major, Samsung, has announced an investment of $70 million, tripling the manufacturing capabilities in its Noida facility.
With this investment, the company will enhance its production capabilities of 16 different models from the existing 12 million units a year.
India is one of its largest R&D centres in the world and the company also develops software for smartphones at its Bangalore facility.
J.S. Shin, president and CEO, Samsung South West Asia, said that they are constantly strengthening their presence in India.
“As India has emerged as one of the fastest growing markets for mobile devices in the world, we are working on an innovative mobile portfolio,” he said.
Ranjit Yadav, head - mobile and IT at Samsung India, said that with the current investment, Noida centre has become their largest production facility in the world.
“We have highly advanced and automated machines at our Noida manufacturing unit,” he added.
Reaffirming their commitment for the country, Yadav said that in 2010, Samsung became the first company to produce 3D LED TV in the country.
With this expansion, Samsung recruited 1,500 employees for its mobile manufacturing unit and now facilitates employment of 4,000 individuals at its Noida center alone.
The Noida plant manufactures various multi-media, dual SIM and touch screen models.
Almost 50 per cent of the company’s turnover comes from mobile and IT business in the country. Samsung invests close to 8 per cent of its total revenue in R&D globally.
Source: http://www.blogger.com/blogger.g?blogID=6269059779339500306#editor/target=post;postID=128392473398552544
Source: http://www.itnext.in
The leading electronic player plans to provide 4,000 jobs at its Noida centre
Mobile phone major, Samsung, has announced an investment of $70 million, tripling the manufacturing capabilities in its Noida facility.
With this investment, the company will enhance its production capabilities of 16 different models from the existing 12 million units a year.
India is one of its largest R&D centres in the world and the company also develops software for smartphones at its Bangalore facility.
J.S. Shin, president and CEO, Samsung South West Asia, said that they are constantly strengthening their presence in India.
“As India has emerged as one of the fastest growing markets for mobile devices in the world, we are working on an innovative mobile portfolio,” he said.
Ranjit Yadav, head - mobile and IT at Samsung India, said that with the current investment, Noida centre has become their largest production facility in the world.
“We have highly advanced and automated machines at our Noida manufacturing unit,” he added.
Reaffirming their commitment for the country, Yadav said that in 2010, Samsung became the first company to produce 3D LED TV in the country.
With this expansion, Samsung recruited 1,500 employees for its mobile manufacturing unit and now facilitates employment of 4,000 individuals at its Noida center alone.
The Noida plant manufactures various multi-media, dual SIM and touch screen models.
Almost 50 per cent of the company’s turnover comes from mobile and IT business in the country. Samsung invests close to 8 per cent of its total revenue in R&D globally.
Source: http://www.blogger.com/blogger.g?blogID=6269059779339500306#editor/target=post;postID=128392473398552544
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