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On October 23, it was reported that Samsung Electronics plans to use the Indian government's newly launched mobile phone manufacturing plan to increase the export volume of mobile phones manufactured in India. The plan will provide higher subsidies for new exports. Samsung is considering expanding production capacity in India, including additional investment; if the global mobile phone market continues to shrink due to high memory chip costs, the company may also shift part of its production capacity from countries such as Vietnam to India.
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On October 23, it was reported that Samsung Electronics plans to use the Indian government's newly launched mobile phone manufacturing plan to increase the export volume of mobile phones manufactured in India. The plan will provide higher subsidies for new exports. Samsung is considering expanding production capacity in India, including additional investment; if the global mobile phone market continues to shrink due to high memory chip costs, the company may also shift part of its production capacity from countries such as Vietnam to India.
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