Samsung Opens World's Largest Smartphone Factory In India
South Korean technology giant Samsung has announced that it's opening what it says is the world's largest phone factory in Noida, near the outskirts of New Delhi.
Samsung expects to double its current capacity for smartphone production in Noida from 68 million units annually to 120 million units in 2020, according to the company's release. The facility is expected to help Samsung build more cheap phones to make gains in India, a market dominated by the likes of Xiaomi and Lenovo's Motorola unit.
South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi were in attendance for the opening ceremony of the facility.