Tech
INDIA: Samsung opens world largest phone factory
Today Samsung is opening what it describes as the world’s biggest mobile phone manufacturing facility.
The factory is opening in India as the South Korean giant looks to take advantage of the fastest-growing mobile market.
Located in Noida on the outskirts of New Delhi, the new facility will give Samsung the ability to output handsets at an unprecedented rate — said to be up to 120 million smartphones a year.
Read also: Osinbajo at Silicon Valley, set to address global technology players
Manufacturing on such a large scale will help Samsung to dramatically reduce costs, and the company says that the factory will be used to produce both entry level and flagship devices.
Xiaomi is currently India’s largest smartphone brand in terms of shipments, and the new facility will give Samsung the chance to better compete with its Chinese rival.
The new factory is on the site of a previous Samsung facility originally opened in 1995. Now, having expanded to over 140,000 square meters, it is due to be opened by Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in.
With Modi having introduced a tax on the import of certain smartphone components into India, it makes a great deal of financial sense for Samsung to produce its handsets within the country.
RipplesNigeria… without borders, without fears
Click here to join the Ripples Nigeria WhatsApp group for latest updates.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: In Kwara, multimillion-naira milk processing plant is abandoned, converted to a chicken outlet
After the government spent millions of naira to establish a milk processing plant in Kwara State that would provided jobs...
SPECIAL REPORT: For Sokoto communities, promise of healthcare is akin to death sentence
In this story, ABDULRASHEED HAMMAD delves into the dire realities of Primary Health Care services in Sokoto State, shedding light...
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard...
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
The multimillion-naira project, expected to comprise recreational buildings, now consists of cassava farmland, a bush used for excretion, and a...
SPECIAL REPORT: Torturous experiences of students with disabilities in Oyo tertiary institutions
For students with disabilities in Oyo state-owned tertiary institutions, learning is a torturous and distressing experience, considering the building structures...