General business18 Jun 2008 08:56 pm
Samsung invest $200 million on handsets
Samsung will invest $200 milion to increase its mobile handset manufacturing capacity to 20 million by 2010 from one million now.It is exploring the option of having tie ups with service providers to manufacture phones for mid and high end phones.
Currently Samsung manufactures GSM phones only but has the technology in place for CDMA phones.The GSM category accounts for nearly 75 percent of Samsung’s sales in India,while CDMA based claim the rest.
