Samsung Seeks PLI Extension For Smartphones, Eyes India As Production Hub

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SUMMARY

The South Korean company is looking to manufacture phone screens in the country under the PLI scheme

Samsung’s Southwest Asia president and CEO JB Park said that the company is also open to sourcing chips from India at competitive price points

In August this year, the Union cabinet approved four new semiconductor projects in Odisha, Andhra Pradesh and Punjab with a total investment of INR 4,584 Cr under the ISM

Tech giant Samsung has applied for the product-linked…



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Samsung Seeks PLI Extension For Smartphones, Eyes India As Production Hub


SUMMARY

The South Korean company is looking to manufacture phone screens in the country under the PLI scheme

Samsung’s Southwest Asia president and CEO JB Park said that the company is also open to sourcing chips from India at competitive price points

In August this year, the Union cabinet approved four new semiconductor projects in Odisha, Andhra Pradesh and Punjab with a total investment of INR 4,584 Cr under the ISM

Tech giant Samsung has applied for the product-linked…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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