City
Epaper

India fastest-growing market, offers huge opportunity for us: Top Samsung executive

By IANS | Updated: July 30, 2024 12:15 IST

New Delhi, July 30 Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, ...

Open in App

New Delhi, July 30 Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics, said on Tuesday that the country is one of the biggest and fastest-growing markets globally and offers a huge opportunity for the company.

Han also visited the company’s Noida factory where Samsung manufactures smartphones, tablets and refrigerators, said they are among the first companies to invest in India.

“I am happy that the Noida factory has emerged as one of our biggest facilities, manufacturing not only for India, but for the world,” Han noted.

Han said that India has a large population of tech-savvy young consumers that inspire us to innovate.

“I am proud that many young, enterprising engineers who are playing an important role in the development of AI are working at our R&D centres in India,” he added.

Samsung unveiled its “AI for All” vision — which aims to improve the lives of consumers by bringing artificial intelligence and hyper-connectivity through open collaboration — at the start of the year.

This year, Samsung’s Galaxy AI-powered premium smartphones and Bespoke AI home appliances — such as refrigerators, ACs and washing machines — have together created a unique connected devices ecosystem.

While Samsung is deeply dedicated to its commitment to “Make in India” through its two state-of-the-art manufacturing plants at Noida and Sriperumbudur, it is equally invested in a design centre in Noida and three R&D facilities.

Of the three R&D facilities, which drive innovation for both local and global products, two are located in Noida and one in Bengaluru.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsSub-Jr Women's Nationals: Himachal dominate Puducherry, Assam overcome J&K 3-2

NationalKerala HC to pass detailed judgment for improving judicial system in Lakshadweep

NationalFirst convict in 2021 Bengal post-poll violence cases sentenced to life imprisonment

EntertainmentBret Michaels shares he may "have to rearrange" tour schedule after diabetes scare

Entertainment'The Office' star Craig Robinson says he is "quitting comedy" for "something bigger"

Business Realted Stories

BusinessNew energy, AI infra key to RIL's journey for next $50 billion in value creation: Morgan Stanley

Business153 countries importing toys from India: Piyush Goyal

BusinessIndia institutionalising outcome-based financing for skilling: Jayant Chaudhary

BusinessUltraTech Cement's Chief Legal Officer quits

BusinessInterim order against Jane Street not show cause notice, investigations to continue: SEBI sources