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HomeFinTechSamsung: Invests $500M To Set Up India’s First Mobile Display Plant

Samsung: Invests $500M To Set Up India’s First Mobile Display Plant

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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

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