Home
Mobiles
Mobiles News
Samsung Electronics Says in Talks With Indian States on New Factory

Samsung Electronics Says in Talks With Indian States on New Factory

By Reuters | Updated: 7 March 2015 12:55 IST

Click Here to Add Gadgets360 As A Trusted Source

South Korean technology giant Samsung Electronics Co Ltd said on Friday that it was in talks with Indian state administrations about building a third manufacturing plant in the country.

"While we are in talks with the state governments, nothing has been decided," Samsung said in a statement. It didn't say how much it might invest, nor what products any new plant might make.

The Economic Times reported earlier on Friday that Samsung was considering building a new plant to make smartphones and other electronic goods. The paper, citing an unnamed source, said Samsung may invest between $500 million and $1 billion in the new plant.

Developing...

© Thomson Reuters 2015

Comments

For details of the latest launches and news from Samsung, Xiaomi, Realme, OnePlus, Oppo and other companies at the Mobile World Congress in Barcelona, visit our MWC 2026 hub.

Further reading: India, Mobiles, Samsung, Tablets