(Image: Samsung) Samsung has announced that it will be expanding one of its mobile phone factories in India, at the same time launching its "Make for the World" project to export Indian-made smartphones to foreign markets. According to Samsung, its mobile phone factory will be the largest in the world, allowing for 120 million devices per year to be produced out of its Noida, Uttar Pradesh, facility -- which currently produces 68 million units each year. The expansion of its existing Noida plant will be complete by 2020, with Samsung having announced a 4,915 crore rupees investment back in 2017 as part of the Uttar Pradesh government's Mega Policy. "Our Noida factory, the world's largest mobile factory, is a symbol of Samsung's strong commitment to India ... Samsung is a long-term partner of India. We 'Make in India', 'Make for India', and now we will 'Make for the World'," Samsung India CEO HC Hong said. "We are aligned with government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones." Samsung's Galaxy S9, S9+, and Note 8 are all produced out of the existing Noida facility, with the tech giant also operating a factory in Sriperumbudur, near Chennai, along with five research and development (R&D) centres and one design centre in India. Also read: 10 best smartphones of 2018 Samsung is expected to unveil the Galaxy Note 9 in Brooklyn, New York, on August 9 and is teaming up with ARM to work on a mobile chipset that will run at speeds above 3GHz. At that speed, the Cortex-A76 would be more powerful than Qualcomm's best Cortex-A75 system on a chip (SoC), the Snapdragon 845, which tops out at 2.8GHz. ARM said Cortex-A76 chips would even challenge Intel's Core i7 on performance, meaning it could benefit not just smartphones but laptops as well. Samsung is expecting to report 14.8 trillion won in operating profit for the second quarter of the current financial year, up 5.2 percent from the 14.67 trillion won reported a year ago. However, this also marks a decrease of 5.4 percent from the previous quarter's 15.64 trillion won. Samsung also said it expects to report 58 trillion won in sales, down 4.9 percent year on year, following a decline in smartphone sales. India to house world's largest smartphone factory Watch Now Related Coverage Samsung Q2 profit halts seven-quarter record streak Samsung Electronics expects a solid 14.8 trillion won operating profit for the second quarter, a rise of 5.2 percent from a year ago. But it brings a halt to its seven-quarter-straight streak of record profits. Samsung, Arm team up: Expect new mobile chipset faster than 3GHz Samsung will soon start manufacturing Arm's new Cortex-A76 chips. 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The factory will now manufacture over 120 million smartphones- ranging from their sub-USD 100 variants to their flagship S9 model- which is almost double their existing capacity of 67 million units. 70 percent of the smartphones will be earmarked for domestic usage, while the remaining will be exported to countries in Europe, West Asia and Africa. Last year, Samsung announced their plan to invest Rs 4,915 crore in expanding the Noida facility which began its operations in 1995. The new unit is spread across 35 acres, adjacent to the current facility in Sector 81, Noida. During the inauguration, PM Modi announced that the new facility would create an additional 1,000 job opportunities over the 70,000 people Samsung already has on its payroll. At present, India attributes to 10 percent of the overall production capacity of Samsung. Through this plant, the South Korean conglomerate aims to take it to 50 percent over the next three years. They also expect an increase in smartphone users from 299 million in 2017 to 340 million by the end of the year.<doc-sep>PM Narendra Modi and South Korean President Moon Jae-in to inaugurate Samsung mobile factory in Noida NEW DELHI: Prime Minister Narendra Modi and visiting South Korea President Moon Jae-in will inaugurate a Samsung Electronics facility in Noida in Uttar Pradesh on Monday. The expanded factory is being billed as the world’s largest mobile phone production unit in terms of number of devices rolled out every month.Read here: Exclusive interview of South Korea PresidentThe South Korean tech giant makes 67 million smartphones in India and with the new plant, it is expected to manufacture nearly 120 million.Samsung is expectedly betting big as India is currently the second biggest mobile market and accounts for 10 per cent of global smartphone sales. From 299 million smartphone users in 2017, the projected increase in the number of users in India is likely to reach 340 million by the end of this year. By 2022, India’s smartphone users are expected to shoot up to a whopping 442 million.Read: India -Korea should join hands for Industrial Revolution 4.0, says South Korea PresidentMobiles accounted for Rs 34,000 crore of Samsung's Rs 50,000 crore sales revenue in 2016-17.Sources said Samsung had pumped in Rs 4,915 crore for expanding the unit, from where it plans to not only cater to the Indian market but also export phones to Europe, West Asia and Africa. “The new unit has come up on an additional 35 acres adjacent to the current facility. It will double the production capacity of both mobile phones and refrigerators,” a company official said.At the Noida facility, company officials said, Samsung will assemble parts sourced from its other agencies.Read this story in Bengali<doc-sep>Prime Minister Narendra Modi, South Korea President Moon Jae-in, UP Chief Minister Yogi Adityanath at the Samsung office in Noida, Monday. (Photo: Renuka Puri) Prime Minister Narendra Modi, South Korea President Moon Jae-in, UP Chief Minister Yogi Adityanath at the Samsung office in Noida, Monday. (Photo: Renuka Puri) South Korean conglomerate Samsung Electronics Monday inaugurated what it said is the world’s largest mobile factory that will have a capacity of 120 million handsets a year — nearly double the current 68 million — under a phased expansion by 2020. Samsung said it has invested around Rs 5,000 crore to increase the capacity at the manufacturing plant, where it will fabricate devices ranging from low-end smartphones that cost under $100 to the company’s flagship S9 model. The capacity increase is in line with Samsung’s plans to expand production that will help it compete with its Chinese rivals in the Indian market. Prime Minister Narendra Modi and South Korean President Moon Jae-in, who led the inauguration, took the Delhi Metro for a part of their journey to the venue in Noida. They will hold bilateral talks Tuesday and the two sides are likely to sign an updated Comprehensive Economic Partnership Agreement (CEPA). READ | Narendra Modi, Moon Jae-in set to sign updated accord to boost trade, investments Samsung to make 1 crore phones a month In his address at the Samsung event, Modi said that development would lend pace to the Make in India programme. “I have been told that this unit will be the company’s largest manufacturing unit. Here, every month around 1 crore phones will be made. What is also important is that 30 per cent of whatever will be produced, will be exported to different countries of the world,” he said. Prime Minister Narendra Modi with South Korean President Moon Jae-in at Yamuna Bank Metro station, in New Delhi on Monday. They were on their way to Noida. (PTI Photo) Prime Minister Narendra Modi with South Korean President Moon Jae-in at Yamuna Bank Metro station, in New Delhi on Monday. They were on their way to Noida. (PTI Photo) “Samsung has played a key role in employment generation too. You have given employment to around 70,000 people directly, out of which around 5,000 are here in Noida. At this new plant, 1,000 more people will get jobs,” Modi said. Samsung’s Noida plant, set up in 1996, has been manufacturing smartphones, refrigerators and flat-screen televisions. Despite the capacity augmentation at this facility, the plant still lags behind the now shut down Nokia plant in Chennai, which, at its peak, could churn out 13 million handsets in a month (about 156 million handsets annually). Further, Taiwanese contract manufacturer Foxconn, which has 94 iPhone production lines at its plant in Zhengzhou, China has a peak output of 500,000 units in a day (around 180 million units annually). The South Korean electronics giant had last year announced a fresh investment of Rs 4,915 crore to expand the existing plant by another 35 acres. It was meant to double the production capacity of both mobile phones and refrigerators. Apart from Noida, Samsung also has a factory in Sriperumbudur, near Chennai, five research and development centres and one design centre along with 1.5 lakh retail outlets and 3,000 customer service points. The new Samsung plant in Noida will provide 1,000 more jobs directly. The new Samsung plant in Noida will provide 1,000 more jobs directly. “Our Noida factory, the world’s largest mobile factory, is a symbol of Samsung’s strong commitment to India, and a shining example of the success of the government’s ‘Make in India’ programme. Samsung is a long-term partner of India. We ‘Make in India’, ‘Make for India’ and now, we will ‘Make for the World’. We are aligned with government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones,” H C Hong, Chief Executive Officer, Samsung India, said. He said Samsung’s investment would not only strengthen the company’s business ties in India, but will also be significant in the context of the relationship between India and Korea. The Korean electronics company, which was once the market leader in India, has ceded its share to Chinese firms such as Xiaomi in the smartphone segment and Reliance Jio in the feature phone segment. According to Counterpoint Research, Samsung’s share in smartphone shipments rose marginally to 26.2 per cent during January-March this year, compared with 25.9 per cent same period last year. During the same time-frame, Xiaomi’s share increased to 31.1 per cent from 13.1 per cent. Currently, there are 40 crore smartphone users in India. PM Narendra Modi along with UP CM Yogi Adityanath and President Moon Jae-In. (Express Photo by Renuka Puri) PM Narendra Modi along with UP CM Yogi Adityanath and President Moon Jae-In. (Express Photo by Renuka Puri) Samsung has been making phones in India since 2007 The firm said it has been manufacturing mobile phones in India since 2007, and has also been populating Printed Circuit Boards (PCBs) since its inception, in line with the Centre’s phased manufacturing programme. The government is also formulating a framework to increase the competitiveness of made in India electronics to boost the exports of such products. The Indian Express reported on May 21 that the government’s proposed framework includes efforts to improve the ease of doing business for electronic manufacturers and address concerns such as cost of financing, logistics, and bringing the entire supply chain ecosystem of production to India.<doc-sep>
This week Samsung is opening what it’s calling the world’s largest mobile phone factory in the world’s second largest smartphone market. Expansion, which will be fully complete in 2020, is expected to nearly double Noida (New Okhla Industrial Development Authority), India’s current phone producing capabilities from 68- to 120 million phones per year. The electronics giant has been producing phones in the country for well over a decade (while the original factory dates back to 1996), while much of the competition has mostly been dabbling. Earlier this year, for instance, Apple started a manufacturing trial run of the iPhone 6S, after having previous done a small batch of the iPhone SE. Along with bringing jobs, such localized manufacturing could also go a ways toward helping bring the cost of devices down. India’s government, naturally, is excitedly embracing the announcement as art of its “Make in India” initiative. As such, Prime Minister Narendra Modi was on-hand for the opening ceremony, along with South Korean president Moon Jae-in, repping his home country’s largest company. “Our Noida factory, the world’s largest mobile factory, is a symbol of Samsung’s strong commitment to India, and a shining example of the success of the Government’s ‘Make in India’ program,” Samsung India CEO HC Hong said in a release tied to the news. “Samsung is a long-term partner of India. We ‘Make in India’, ‘Make for India’ and now, we will ‘Make for the World’. We are aligned with Government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones.” India represents a massive — and growing — smartphone market. Last year the country passed the U.S., becoming the number two market after China. A commitment to local manufacturing will no doubt go a long way for Samsung, which currently ranks as the number two smartphone maker in the country, behind Xiaomi.