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  • Samsung has completed the relocation of its display manufacturing plant from China to Noida...

Samsung has completed the relocation of its display manufacturing plant from China to Noida

According to Samsung's delegation, the Display Manufacturing Unit, which was formerly based in China, was relocated to Noida due to a stronger industrial environment and investor-friendly legislation, and the work to build it has been finished.

  • By Jitesh Dhawan
  • - Jun 21, 2021 11:40 PM
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Samsung has completed the relocation of its display manufacturing plant from China to Noida

According to a press statement issued on Sunday, Samsung has finished the construction of the display production unit that was relocated from China to Noida, Uttar Pradesh.

On Sunday, a Samsung delegation led by Ken Kang, the company's Southwest Asia President & CEO, called upon Uttar Pradesh Chief Minister Yogi Adityanath.

According to the delegation, Samsung opted to build the Display Manufacturing Unit, which was formerly situated in China, in Noida due to a stronger industrial environment and investor-friendly legislation, and the task of constructing it has been completed, according to an official announcement.

They stated that the construction activity demonstrates the delegation's commitment to India and its goal of making Uttar Pradesh a manufacturing hub.

During the discussion with the group, the Chief Minister stated that Samsung's Noida factory is a shining example of the 'Make in India' program's success and that this will help the state's young find work.

The group was told by Adityanath that the state government would continue to assist Samsung in the future.

Samsung already has its world's largest production factory in Noida, in case you didn't know. Not only does the plant produce phones for India, but it also exports them to other countries. The company also stated that the production of IT display panels will be ramped up in the Noida site.

In the first quarter of 2021, the smartphone behemoth grew by 52% year over year in India. According to a Counterpoint Research estimate, it has a 20% market share in India. The Galaxy Tab S7 FE and Tab A7 Lite tablets were also launched in India, expanding the company's tablet line.

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