Sales & Marketing
Training & Development
PCs & Servers
Imaging & Printing
Samsung to set up mobile handset plant in India
Dec 12, 2005 9:30 AM
Samsung Electronics Co Ltd has said it will invest US$15 million to set up a mobile handset plant in India as it looks to corner a bigger share of the world's fastest-growing mobile market.
MUMBAI (Reuters) - Samsung Electronics Co Ltd said on Friday it would invest US$15 million to set up a mobile handset plant in India as it looks to corner a bigger share of the world's fastest-growing mobile market.
The capacity of the handset manufacturing unit, to be built in Manesar in Haryana, will be one million units a year, rising to 20 million by 2010, said H.C. Ryu, Samsung India's director of telecom.
The plant, Samsung's fourth overseas handset-making facility, will produce handsets in the mid- to high-end price range and is due to open by the end of the first quarter of 2006, he said.
"This facility will help us respond faster to the market and be in a position to fully tap the potential of this fast-growing market," Ryu said.
Samsung, the world's number three mobile phone maker, will begin making GSM handsets and add phones for the rival CDMA technology later, he said. Samsung will also look at exporting to the Middle East and southwest Asia after stabilising production for India.
Samsung has 10 percent of India's market and aims to grab 18 percent in the first year of operations of its plant, Ryu said.
India adds close to three million new mobile users every month, thanks to the cheapest call rates anywhere, but only six in 100 people use a mobile phone.
About 34 million handsets are expected to be sold in the highly competitive market in 2005, up 62 percent from 2004.
Top mobile phone maker Nokia has more than half of the estimated US$2 billion market and is investing US$100-$150 million in its plant.
LG Electronics Inc, aiming to sell phones priced in the low- to mid-range, has invested US$60 million in a plant to make 20 million GSM and CDMA phones a year in India by 2010.
Motorola Inc, the world's number two mobile phone maker, has a share in the "single digits" in India and has said it will start assembling handsets in the country by December and that it is considering full-scale manufacture.
Follow us on
© 2014 Thomson Reuters. Click for Restrictions.
Google, Samsung to issue monthly Android security fixes
Telstra starts selling new wearables range
Samsung glamour days over as it fights to save mobile market share
Samsung targets iPad with new ultra-thin Galaxy Tab S2
Five questions partners have about Apple-Cisco alliance
LG's Rolly Keyboard can fit in your pocket
Google Docs introduces hands-free typing
vCloud Air object storage brings VMware closer to Google, EMC
Which distie's cloud marketplace will be successful?
Send us your tips
You must be a registered member of CRN to post a comment.
Click here to login
Click here to register
Ads by Google
Debts tip $20m at failed point-of-sale distributor
As Mecari’s assets sold to another distie.
Brocade, AWS chiefs cycling from Adelaide to Darwin
Michelle Bridges helps team raise $250,000 for charity.
Five tech leaders without a degree
Execs show university isn’t always necessary.
Sign up to receive CRN email bulletins
IBM Australia's long wait for a channel manager is over
Four iiNet directors resign, TPG boss steps in
CSC Australia sales plunge $127 million
Harvey Norman closes five stores, rakes in $270m profit
The winners: 2015 Microsoft Australia Partner Awards
Powered by Disqus
Which device are you more excited about?
Surface Pro 4
iPhone 6s / iPhone 7
view previous polls »
Powered by Disqus
CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.
What's in this issue?
Most popular tech stories
7 accounting packages for Australian small businesses compared: including MYOB, QuickBooks Online, Reckon, Xero
Do you use Dropbox? Here are some clever tricks
How to get the best parking rates at Sydney Airport
Tip: Your shop can use a smartphone instead of an EFTPOS terminal
How much does it cost to use the NBN? 14 providers compared including iiNet, Telstra, Internode
When being rude to IT can get you fired
DBC opts against appeal in iiNet piracy ruling
ANZ Bank signs $450m IBM deal
Myer pours $100m into omni-channel overhaul
Pole operators hit back over NBN aerial cable plan
How to: How much RAM do you really need?
Top 25 fantasy games of all time
11 WhatsApp tricks you may not know about
NSFW game Shower With Your Dad Simulator 2015 launches on Steam today
Top 15 obscure video game consoles for collectors
Interview: Pete Hines on Fallout 4
Fallout 4 + Fallout Shelter E3 screenshots
Preview: Quantum Break
Review: Intel i7-4970K
Preview: Mirror’s Edge Catalyst
PC & Tech Authority
nextmedia Pty Ltd
. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's
Terms & Conditions
Login to CRN
Email or Username:
* Email or Username required
* Password required
Forgot your password?
Don't have an account? Register now!
To request a
, enter the email address linked to your CRN account and we'll send one to you.
* Email required
* Invalid Email address
* Invalid Email address
Click here to return to Login Form
comments powered by Disqus.