Noida now has the largest mobile factory in the world

Noida now has the largest mobile factory in the world

The new Samsung factory will have the capacity to assemble 120 million smartphones per year, and make everything from low-end handsets that cost under US$100 to its flagship S9 model, according to the company. The current mobile phone manufacturing unit was added in 2005.

Speaking on the occasion, Narendra Modi stated that technology has transformed human lives in India. On day two of his India visit, Moon will address an India - Korea Business Forum and inaugurate South Korean tech giant Samsung's largest mobile unit in Noida along with PM Modi.

According to an article in the Diplomat magazine's website, "During the (2017 presidential) election campaign, Moon pledged that he would elevate ties with India to the level of Korea's relations with the four major powers in and around the Korean Peninsula-China, Japan, Russia and the United States".

Established in 1995, Samsung India laid the foundation stone of Noida plant next year. Both leaders are visiting the facility adjoining New Delhi, according to India's ministry of external affairs. In just about an year of the announcement, Samsung's Noida plant is all-ready to double production.


As a result of the latest investment in the Noida factory, the production capacity of smartphones is expected to rise to 12 million units a month from the existing 5 million.

Korea's main export items include automobile parts, telecommunication equipment, hot rolled iron products, petroleum refined products, and nuclear reactors. The two sides were looking at defence hardware procurement and manufacture, Prakash said pointing to India looking at minesweepers for the Indian navy. In 2003, refrigerator production began. Modi categorically said that the new plant will help firming up India's position in global market.

Samsung has been enjoying a feast in the smartphone market, especially in India, where it has the tag of highest selling mobile brand, after Xiaomi.

The company is aiming to increase the overall production capacity by 50 percent, which is now at 10 percent.

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