With hundreds of millions of smartphones produced each year, Samsung is without a doubt one of the largest smartphone manufacturers in the world. The company will aim to do even better by opening an expanded production factory in New Delhi, India, which would become the largest smartphone factory in the world.
The opening of the expanded factory is being reported by Bloomberg and states that the total production capacity of the improved Indian factory would be no less than 120 million smartphones per year. Currently, Samsung already produces around 67 million smartphones in India, meaning this expansion would result in a massive production improvement. The factory has been in operation since 1995 and employs over 70,000 people.
The factory will be inaugurated by the Indian prime minister as well as the South-Korean president, Moon Jae-in. The Bloomberg report also states that the new factory will build almost all Samsung smartphones, ranging from flagship models such as the Galaxy S and Note series, but budget and mid-range devices as well.
The news agency speculates that Samsung has been planning the factory upgrade to accommodate the growing needs of the local population, as only one-fourth of the Indian population currently owns a smartphone. The South-Korean company is facing heavy competition from the Chinese Xiaomi, who has announced its plans to open three factories in India as well.
The Indian government is extremely pleased with the new factory, as it is a part of a ‘Make in India’ plan to stimulate production in the country. The country applies tariffs on imported phones, and most manufacturers choose to only assemble the smartphones with imported parts.