Samsung starts Flat TV, LCD production at second manufacturing unit at Sriperumbudur
15 November 2007Mumbai: 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.