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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
The South Korean electronics giant Samsung has finally completed its shifting process of display manufacturing unit from China to Noida, Uttar Pradesh. According to a PTI report, Samsung decided to move its display manufacturing unit to India because of much more investor-friendly policies and a better industrial environment.
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It is worth noting that Samsung already has another manufacturing plant in Noida. This plant was opened back in 2020, and it was declared to be Samsung’s biggest smartphone manufacturing unit in the whole world. The smartphone factory is spread across 35-acre land, and now it will be supplemented by the new display manufacturing plant in the city.
This move from Samsung further helps the Indian government in achieving its ‘Make in India’ programme. It will also generate more employment opportunities in the state and help make Uttar Pradesh a manufacturing hub.
Samsung Not Going to be a Part of Telecom PLI Scheme
While Samsung is a part of the mobile production linked incentive (PLI) scheme, the company is not going to participate in the country’s PLI scheme for the telecom sector. This comes from an ET Telecom report which suggests that Samsung is not interested in being a part of the telecom PLI scheme of India.
It is worth noting that the company has been a part of India’s telecom system and networks for a long-time now. Samsung had helped Reliance Jio a lot in expanding its 4G network across the nation. Further, Samsung is also helping Jio in conducting 5G trials.
