Samsung Sets Up ‘World’s Largest Mobile Factory’ in Noida

Samsung Sets Up 'World's Largest Mobile Factory' in Noida

In front are open fields with grazing cattle, to the left are under-construction residential societies and to the right is its existing facilty – this is where Samsung has set up what is the world’s largest mobile factory.

Not China or South Korea – and certainly not the US – the tag of housing the world’s largest mobile factory has straight away put Noida on top of the world manufacturing map when it comes to consumer electronics.

The new 35-acre Samsung Electronics facility at Sector 81 in Noida, Uttar Pradesh, will see Prime Minister Narendra Modi and South Korean President Moon Jae-in landing together at a quickly-prepared helipad adjacent to the factory to officially inaugurate it on Monday.

One of the first electronics manufacturing facilities set up in the country in the early 1990s, the plant started by manufacturing TVs in 1997. The current mobile phone manufacturing unit was added in 2005.

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.

According to Tarun Pathak, Associate Director at Counterpoint Research, the new facility gives Samsung an advantage by reducing the time to market.

“This will help Samsung bring some local features to the devices powered by R&D here. Apart from this, the company can also bring in export opportunity for Samsung to SAARC and other regions,” Pathak told IANS.

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.

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.

By 2005, Samsung had become market leader in panel TVs and in 2007, the existing Noida facility started manufacturing mobile phones.

In 2012, Samsung’s Noida facility rolled out the first-ever Galaxy S3 device.

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

“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.

“They are now looking at building a complete ecosystem. After smartphones, they can go into building top-of-the-line products in other categories like TVs, refrigerators as advance manufacturing in India still lags behind. With the new facility, Samsung is going to have an edge over its rivals,” Singh noted.

According to HC Hong, President and CEO, Samsung India, a bigger manufacturing plant will help them cater to the growing demand for Samsung products across the country.

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

[“Source-gadgets.ndtv”]

Dell-EMC: largest Tech Merger in records to Be referred to as Dell technologies

Dell-EMC: Biggest Tech Merger in History to Be Called Dell Technologies

Michael Dell announced at the on line casino capital of the arena that the biggest merger in tech recordsmight be called Dell technology.

“It has a pleasing sound to it,” the chairman and CEO of Dell, which closing year announced the $70 billion merger with EMC, at the Venetian convention center in which he changed into giving the keynote cope with at the annual EMC global convention.

“The logo fairness of Dell computer is irreplaceable,” he stated including that he became a fan of thefamily call. Dell technology will include Dell, EMC – the main international computing storage issuer, VMware, Pivotal, Secureworks, RSA and Virtustream.

The combined corporation enterprise, although, might cross by the name of Dell-EMC, he announced. The merger is waiting for regulatory approval from the us authorities as well as shareholder greenlight.

Taking a dig at rival HP, Dell stated that his competitor become seeking to grow through downsizing.

“You can’t do this. but HP is making an attempt to develop via investing much less in R&D and software program, all the while dropping percentage to Dell,” he stated including that his company become doingsimply the opposite.

we’re investing in speed, agility and innovation and creating the crucial infrastructure for the subsequentbusiness revolution,” the tech movie star stated, pointing out that they had been just in the future quickof the thirty second birthday of his employer.

He said while he started out out, he believed that IT became going to be force for exchange. He said it had democratised information, assist cut poverty via half of globally and a large worldwide middleelegance had emerged in specific parts of the arena due to it. “i’m greater energised and positivenowadays.”

He stated the combined employer, Dell and EMC, could stand at the centre of innovation and subsequentlarge boom in IT. “nowadays, we stand on the centre of human progress and there’s no different place i would alternatively be,” Dell concluded.

Joe Tucci, 69, chairman and CEO of EMC, who tried out his balancing act on a “hover board” because hebecome dissuaded from doing so “because of my age,” also announced that he was stepping down fromthe location. He got a prolonged status ovation from the EMC and Dell personnel who came to witnessbulletins of their merger.

Tucci said that “something super and something absolutely specialwould emerge out of the 2 giants coming collectively. saying that everybody had to be prepared for the approaching virtual revolution, which might “dwarf the commercial revolution” in phrases of innovation and trade.

more than 10,000 visitors, along with carriers, employees and media are anticipated to come back for the EMC word, which started its annual expo and conference in 2001.

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