Most phones made in India, priced above $ 200, will be for export to all countries in the world
According to a new report from The Economic Times, Samsung is preparing to relocate a significant portion of its smartphone production to India.
Sources familiar with the current situation say Samsung has already told the Indian government that it plans to manufacture more than $ 40 billion in handsets over the next five years. Most phones made in India, priced above $ 200, will be for export to all countries in the world. So your next smartphone is likely to be made in India.
Samsung closed its last remaining plant in China last year. Before that, the Korean tech giant opened its largest smartphone factory in Noida, India, which will remain Samsung’s leading manufacturing center in the future.
Another center for the production of Samsung smartphones today is Vietnam, which is the second largest exporter of smartphones after China.
Source: The Economic Times