Tag: Greater Noida Facility

Highlights Samsung to start laptop manufacturing in Greater Noida facility. Initial production capacity set at 60,000 to 70,000 units annually. Investment of Rs 100-200 crore in the new laptop manufacturing venture. Local manufacturing in response to India's import reduction policies for electronics. Samsung is set to embark on a new venture in India by commencing the production of laptops within the country. This move aligns with India's "Make in India" initiative, which encourages companies to manufacture their products locally. Samsung, already a significant contributor to this initiative through its smartphone manufacturing, is now expanding its local production capabilities to include laptops. Samsung to Expand its Noida Factory Samsung to Expand its Noida Factory The South Korean tech giant plans to initiate this new manufacturing process at its existing facility in Greater Noida, where it currently produces smartphones. The facility will undergo an expansion to facilitate the production of laptops. This development marks a significant step for Samsung in diversifying its manufacturing portfolio in India. Initially, Samsung's laptop production in India is expected to start at a modest scale, with an annual production capacity of around 60,000 to 70,000 units. While these figures are relatively small compared to industry giants like HP, Dell, and Lenovo, they represent a strategic entry into the laptop manufacturing sector for Samsung in India. Modest Investment by Samsung Modest Investment by Samsung Samsung's investment in this new venture is estimated to be in the range of Rs 100-200 crore. This investment is relatively modest when compared to the company's substantial commitments in the smartphone and tablet sectors. The reason behind this conservative approach is Samsung's current position in the global laptop market, where it has a limited range of products compared to its dominant presence in the smartphone industry. The decision to manufacture laptops locally comes in the wake of the Indian government's recent policies which are part of a broader strategy to encourage international corporations to establish local manufacturing units in India. This approach has already led to a halt in laptop imports by several companies, including Samsung. PLI 2.0 Leading the Charge Samsung to Soon Start Local Laptop Manufacturing in India The Indian government's push for local manufacturing has been further bolstered by the PLI 2.0 scheme, under which 32 global companies have applied. This scheme is designed to incentivize the local production of electronic devices through various tax breaks and financial benefits. Notably, Samsung was not among the companies listed under this scheme. Recent reports suggest that the government might reconsider the import restrictions due to concerns raised by the IT Ministry about potential shortages of essential electronic devices. The government is reportedly exploring alternative strategies to promote local production without causing disruptions to the supply of critical electronic devices. FAQs What is Samsung's new venture in India? Samsung is expanding its manufacturing in India to include laptops, aligning with the "Make in India" initiative. This marks a significant diversification of their manufacturing portfolio in the country. Where will Samsung manufacture laptops in India? Samsung plans to manufacture laptops at its existing facility in Greater Noida, which is currently used for smartphone production. The facility will be expanded to accommodate the new laptop manufacturing line. What is the expected production capacity for Samsung’s laptops in India? Samsung is expected to have an annual production capacity of around 60,000 to 70,000 laptops in India, a modest scale compared to global laptop manufacturers like HP, Dell, and Lenovo. Why is Samsung investing in laptop manufacturing in India? Samsung's decision to manufacture laptops in India is influenced by the government's policies to reduce imports of electronic devices and encourage local manufacturing, coupled with the PLI 2.0 scheme benefits. Samsung R&D Institute, Noida Signs MoU with IIT Kanpur; Students & Faculty to Conduct Joint Research with Samsung on Visual, Health, AI and Other Emerging Technologies. Details? Samsung R&D Institute, Noida (SRI-Noida) has signed a Memorandum of Understanding (MoU) with The Indian Institute of Technology Kanpur (IITK) for a period of five years to focus on key growth areas that will include joint research projects by IIT Kanpur students, faculty and Samsung engineers, helping students become industry-ready. These research projects will span areas such as health, visual, framework and B2B security, and cutting-edge technology areas such as Generative AI and Cloud. Apart from research projects, the MoU seeks to provide opportunities for upskilling Samsung engineers in key technology areas such as AI, Cloud and other emerging technologies. The MoU was signed by Mr. Kyungyun Roo, Managing Director, SRI-Noida, Prof. Tarun Gupta, Dean, Research and Development, IIT Kanpur and in the presence of Prof. S. Ganesh, Director, IIT Kanpur; Prof. Sandeep Verma, Department of Chemistry, IIT Kanpur; Prof. Tushar Sandhan, Department of Electrical Engineering, IIT Kanpur; and other senior delegates from Samsung. We are excited to begin this collaborative journey with IIT Kanpur. This collaboration reflects our dedication towards merging academic excellence with industrial innovation, thereby making students industry-ready. We look forward to a dynamic exchange of ideas, knowledge and talent, which will certainly play a crucial role in the success of groundbreaking projects and contribute to the growth of both Samsung and IIT Kanpur,” said Mr. Kyungyun Roo, Managing Director, SRI-Noida. “By combining the academic excellence of IIT Kanpur with the industry expertise of Samsung India, we aim to create a dynamic environment for cutting-edge projects and provide invaluable opportunities for our students and researchers. This MoU complements IIT Kanpur’s relentless efforts in bridging the gap between academia and industry, while creating a connection between theoretical knowledge and practical industry solutions,” said Prof. S. Ganesh, Director, IIT Kanpur. “The MoU reflects our commitment to providing our students and researchers with opportunities that go beyond academics, contributing significantly to technological advancements and growth of the academic landscape of our institute,” said Prof. Tarun Gupta, Dean, Research and Development, IIT Kanpur. As part of the joint research projects, students and faculty of IIT Kanpur will work on real-world industry challenges, aligning themselves with actual market needs. They will also work on Digital India related solutions, along with Samsung engineers. Students and faculty of IIT Kanpur will also be encouraged to publish joint research papers with Samsung engineers. Under the upskilling opportunities for Samsung engineers, IIT Kanpur will conduct specialized training programs in various domains, providing them with access to the institute’s renowned expertise, culminating in degree programs, certifications and specialized courses tailored to enhance the skill and knowledge of Samsung engineers. Samsung to Make Galaxy AI Available Across 100 Million Galaxy Devices this Year: TM Roh. Details? Samsung's flagship smartphones have done really well in India, where the premium segment is witnessing double-digit growth. Galaxy S23 series sales in India was 1.4 times compared to Galaxy S22 series, thanks to S23's powerful performance and epic camera capabilities. “This year, we have changed the industry paradigm by integrating the power of AI with Galaxy S24 series. Mobile phones were created to bring people together, and we use them in so many parts of our lives. We believe mobiles will become the primary access point for AI technology as people already use their smartphones for just about everything, making it the perfect vessel. With Galaxy S24 series, we strongly believe in revolutionizing user experience through Galaxy AI. Samsung is the leader in the mobile industry with over 1 billion Galaxy customers. By using customer insights accumulated over decades, years of innovation to optimize AI for mobiles and open collaboration with industry leaders, we have come up with Galaxy AI, which will become the ‘global standard for mobile AI.” Galaxy S24 series takes a Hybrid approach to optimizing the AI user experience whether on-device or in the cloud, to provide a meaningful user experience with tangible benefits. With Galaxy S24, our first AI phone, we have opened a new era of AI phones and Galaxy AI enables users to break communication barriers, enhance their productivity, and unleash creativity like never before. Our R&D centres in Noida and Bengaluru have played a major role in the development of Galaxy AI. From commercialization of language AI and optimization of AI for mobile to framework development, both Noida and Bengaluru centres made a great contributions. This helped us provide customers with practical and useful AI experiences. Including Galaxy S24 series, we’re committed to bringing Galaxy AI to approximately 100 million Galaxy mobile devices worldwide this year. This will also amplify mobile AI usage and bring benefits to Galaxy customers that cannot be found anywhere else. Starting from the S24 series, we will provide seven-generations of Android OS upgrades and seven years of security updates, ensuring customers enjoy a long-lasting and secure premium experience. Galaxy S24 series also continues our efforts to reduce our carbon footprint. For the first time, Galaxy S24 features components made with recycled cobalt and rare earth elements. Also Read: Samsung Galaxy S23 Leak: Samsung Galaxy S23 Signature Colours & Galaxy S23 Ultra Camera Revealed Also Read: Samsung Galaxy M54 India Launch Soon: Design Revealed

Tag: Greater Noida Facility

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