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Regular-article-logo Friday, 06 June 2025

MORE SAMSUNG UNITS AT NOIDA 

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Staff Reporter Published 09.10.01, 12:00 AM
Calcutta, Oct. 9 :    Calcutta, Oct. 9:  Korean multinational Samsung Electronics Co. Ltd will set up production lines for home appliances including washing machines, air-conditioners and refrigerators, at its Noida factory near Delhi. A Samsung India spokesperson said production of washing machines will commence in December this year while the air-conditioner plant will be commissioned early next year. The company will invest around Rs 40 crore to set up the two plants, which will have an initial capacity of one lakh units each, she said. The refrigerator unit will be operational in 2003, with investment details being worked out. Samsung, which has two major subsidiaries - Samsung India Ltd and Samsung India Electronics Ltd - is also in talks with all basic telephone service providers including Reliance, the Tata group and the state-owned Bharat Sanchar Nigam Ltd (BSNL), for supplying wireless in local loop (WiLL) handsets based on the code division multiple access (CDMA) technology. Samsung is a world leader in CDMA technology, with a 31 per cent share of the global market. SIEL managing director S. S. Lee said the since the CDMA technology is only being test-marketed at a few places, the company prefers to wait and watch before taking any investment decisions.    
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