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Korean
electronics giant, Samsung Electronics Co. Ltd, says it plans to expand its mobile
phone production capacity in India by six times by 2008.
According
to H C Ryu, managing director, Samsung Telecommunications India, a wholly owned
unit Samsung, the new capacity could come up at any of its three mobile phone
manufacturing units at Manesar in Haryana, Noida on the outskirts of the capital
or Chennai. Samsung
competes with Nokia, Motorola, Sony Ericsson in India Ryu
said Samsung wanted a double-digit market share for coloured GSM handsets in India''s
4.5-million piece per month market, up from the current 7 per cent market by the
end of the year. The fresh demand, he said, would come from the rural areas as
the urban markets were saturated. The
company, which started production in March 2006, expects to produce 2 million
handsets during 2007-08, up from 1.2 million handsets in 2006-07.Of this, the
domestic market would account for
sales of between 60 and 70 per cent, up from 50 per cent in the last financial
year. Samsung
launched three new models priced between Rs12,000 and Rs15,000 in New Delhi today.
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