Samsung Electronics to set up mobile phone plant in India

By agencies   |   Thursday, 13 October 2005, 19:30 IST
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SEOUL: In order to tap the growing mobile handset market in India, the South Korea's Samsung Electronics Co will establish a mobile handset production unit in India. The company will set up its manufacturing unit Samsung Telecommunications India Co near Delhi and the production is expected to start by early next year. Apart from this, Samsung will move part of its mobile handset production facilities to the Indian unit, which will have an annual production capacity of one million handsets. The Indian facility of the South Korean fill, will be Samsung's fifth overseas production unit, following two in China, one in Mexico and another in Brazil