Samsung Electronics is investing heavily in India. The company has decided to produce the next generation of foldable smart phones in India, making India the main production base of its smart phones.
It is reported that Samsung Electronics currently produces low-end smartphones in India. With India becoming the center of the global smartphone market, the company is turning to local production systems to maintain its position as the world’s largest smartphone manufacturer.
Some analysts believe that Samsung Electronics may transfer its semiconductor production base with the export restrictions imposed by the United States on China. There are two reasons. First, the restrictions of the United States on the export of cutting-edge semiconductor manufacturing equipment to China have brought uncertainty to Samsung Electronics Xi’an NAND flash memory factory; Second, there is a provision in the current Chip and Science Act of the United States, that is, only when China or other countries designated by the United States have not made additional investment in semiconductors within ten years, nor have they built semiconductor facilities, can they enjoy the tax mortgage policy provided by the United States.
The report pointed out that although India’s current semiconductor market is not large, its huge growth potential in the future has been highly praised. In addition, the Indian government also actively requested Samsung Electronics to consider establishing a semiconductor factory in India. Earlier, it was said that India might start the second round of action based on the approved US $10 billion incentive plan, inviting enterprises to invest in semiconductor chip manufacturing in the country.




