SAMSUNG SETUP WORLD'S BIGGEST MOBILE FACTORY IN INDIA

The world's biggest mobile factory was launched in Noida near Delhi on Monday by Prime Minister Narendra Modi and South Korean President Moon Jae-in on Monday.

The new 35-acre Samsung Electronics facility at Sector 81 in Noida, is expected to manufacturers 10 million mobile phones per month, 70 percent will for domestic purpose.

In June last year, the South Korean giant announced a Rs 4,915 crore investment to expand the Noida plant and, after a year, the new facility is ready to double production.

The company is currently making 67 million smartphones in India and with the new plant being functional, it is expected to manufacture nearly 120 million mobile phones.

Not just mobiles, the expansion of the current facility will double Samsung's production capacity of consumer electronics like refrigerators and flat panel televisions, further consolidating the company's leadership in these segments.

Last year, the government imposed taxes on import of key smartphone components as part of a plan to make India a electronics-manufacturing hub to boost growth and create tens of millions of new jobs.

Samsung has two manufacturing plants -- in Noida and in Sriperumbudur, Tamil Nadu -- five R&D centres, and one design centre in Noida, employing over 70,000 people and expanding its network to over 1.5 lakh retail outlets. With the new plant will provide employment to 1000 more.

"With this the company can also bring in export opportunity for Samsung to SAARC and other regions,"

Established in 1995, Samsung India laid the foundation stone of Noida plant next year. In 1997, production commenced and the first television was rolled out. In 2003, refrigerator production began.

The company currently has over 10 per cent of its overall production in India and aims to take it to 50 per cent over the next three years.

Last year, India overtook the US to become the world's second-largest smartphone market after China. "For Samsung, India is among the top five smartphone markets globally. The US is saturated and Korea and Brazil are not growing significantly. India is a big opportunity across price segments, including 2G feature phones. It makes sense for Samsung to build a bigger manufacturing base here," Jaipal Singh, Senior Market Analyst, IDC, told IANS.

Samsung India, that registered 27 per cent growth in mobile business revenue for the financial year 2016-17 -- accounting for a whopping Rs 34,300 crore of its reported Rs 50,000 crore sales - won't be able to hide the smile when the new facility kicks off production from July 9

Comments

What is Nebula. Images of some nebula by Hubble

A nebula is a giant cloud of dust and gas in space. Some nebulae (more than one nebula) come from the gas and dust thrown out by the explosion of a dying star, such as a supernova. Other nebulae are regions where new stars are beginning to form. For this reason, some nebulae are called "star nurseries." How do stars form in a nebula? Nebulae are made of dust and gases—mostly hydrogen and helium. The dust and gases in a nebula are very spread out, but gravity can slowly begin to pull together clumps of dust and gas. As these clumps get bigger and bigger, their gravity gets stronger and stronger. Eventually, the clump of dust and gas gets so big that it collapses from its own gravity. The collapse causes the material at the center of the cloud to heat up-and this hot core is the beginning of a star. Some of the most amazing nebula pictured by Hubble in Milky Way Galaxy The Eagle Nebula’s Pillars of Creation (M 16, Messier 16) The dust and gas in the pi...

25 June 1975 BLACK DAY FOR INDIA (EMERGENCY)

25 June which is considered as black day for india. It was 25 June 1975 when Prime Minister Shri Indri Gandhi declared Emergency through radio in India. In India, "the Emergency" refers to a 21-month period from 1975 to 1977, Officially issued by President Fakhruddin Ali Ahmed under Article 352 of the Constitution, the Emergency was in effect from 25 June 1975 until its withdrawal on 21 March 1977. The order bestowed upon the Prime Minister the authority to rule by decree, allowing elections to be suspended and civil liberties to be curbed. For much of the Emergency, most of Gandhi's political opponents were imprisoned and the press was censored. Several other human rights violations were reported from the time, including a forced mass-sterilization campaign spearheaded by Sanjay Gandhi, the Prime Minister's son. RESION BEHIND EMERGENCY On 12 June 1975, Justice Jagmohanlal Sinha of the Allahabad High Court found the prime minister guilty on the charge of...

Spiral Galaxy Images taken by Hubble Telescope

This is the Andromeda galaxy — otherwise known as M31. This is the neighbouring galaxy of Milky way galaxy (our own galaxy). This is nearly 2 million light years away from earth. This is a NGC 7640 i. e. barred spiral type galaxy. These are recognisable by their spiral arms, which fan out not from a circular core, but from an elongated bar cutting through the galaxy’s centre. This is the part of Andromeda constellation. This is the image of the beautiful barred spiral galaxy NGC 1300. NGC 1300 is considered to be prototypical of barred spiral galaxies. Barred spirals differ from normal spiral galaxies in that the arms of the galaxy do not spiral all the way into the center, but are connected to the two ends of a straight bar of stars containing the nucleus at its center. This 60 million light years away from the earth and belong to the Eridanus Constellation. This is spiral galaxy Messier 77 — a galaxy in the constellation of Cetus, some 45 million light-y...

knowledge view

Search This Blog