Samsung: Invests $500M To Set Up India’s First Mobile Display Plant
- Samsung is going to invest $500M to build a smartphone display manufacturing plant in India
- This is the first of its kind in India and will accelerate the growth of the South Korean tech giant
- Till 2017, Samsung was the dominant smartphone mobile in India
- By the end of 2020, Xiaomi is top on the list of smartphone manufacturers with unprecedented growth
- The upcoming plant will help Samsung compete with new players in the market
- Samsung is to bring unique technologies in 2020 through AIoT, 5G, and smartphones