Samsung to Opening a Smartphone Display Plant in India in April

Samsung plans to open up a display manufacturing facility in India from quite a while but the company has finally got the green light from the Indian government and will proceed with the investment in April 2020.

The display manufacturing plant will be worth $500 million and will be located in Noida which is close to Samsung's biggest smartphone manufacturing facility in the world. The display facility will start with just smartphone displays with all the accompanying accessories and parts and will venture into the TV and laptop segment later.

The facility must first ramp up production and start meeting demands from third-party manufacturers in order to branch out. But first, Samsung is planning to hit 120 million manufactured units in the country and the new plant will definitely help speed up the process.

The Korean giant has also plans to start manufacturing batteries in India as well but information surrounding the project is insufficient for now.
Source