| Samsung
starts Flat TV, LCD production at second manufacturing unit at Sriperumbudur
13 October 2007
Mumbai: Samsung
India Electronics Pvt. Ltd, 100 per cent subsidiary of Korean digital technology
leader Samsung Electronics Co Ltd, today inaugurated its second manufacturing
facility in the country. Samsung
India, which signed the MoU with the Tamil Nadu government for the Sriperumbudur
complex in November 2006, has set up its first manufacturing facility for colour
televisions within a year of signing of the MoU, having commenced work on the
plant in February, this year. The
new manufacturing facility has a production capacity of 1.5 million units per
annum for Flat TVs and 0.3 million units per annum for LCD TVs. The Company is
manufacturing 21" and 29" Flat and Ultra Slim models as well as LCD
Models in the screen sizes between 19" to 32" at this Facility. "The
Chennai facility will help us respond better and faster to the growing demand
for our products in the Southern part of the country," said H B Lee, president
and CEO, Samsung South West Asia regional head quarters. Samsung India will also
export colour TV sets from the Chennai facility to Sri Lanka and Bangladesh starting
next year. "We
are leveraging the best of Indian talent available here in Tamil Nadu as well
as our global manufacturing expertise to produce world class products from this
Facility", states Lee. Samsung
India has invested $30 million towards the setting up of this facility, which
employs around 350 employees at present. "We plan to work with and develop
our vendor base in Chennai, so that we can continuously enhance our competitiveness.
In the future. I am looking at the Chennai facility becoming a global manufacturing
hub for Samsung operations." Said Lee.  Samsung's
existing manufacturing facilities in India include production facilities for Flat
colour televisions, including LCD TVs, colour monitors, refrigerators, washing
machines and GSM handsets. The company's R&D operations in India include hrdware
R&D at Noida as well as software R&D development centres - Samsung India
Software Centre (SISC) at Noida, for consumer electronics products and Samsung
India Software Operations Unit (SISO) at Bangalore, for telecom software development.
Other
reports on Samsung India General
reports on Consumer electronics
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