According to Invest India, Samsung Electronics is looking into establishing a smartphone OLED display manufacturing fab in India's Uttar Pradesh. The facility, which will likely to be a module assembly factory, will begin operations in 2021.
Samsung Electronics is reportedly looking to remove facilities from China to other countries, including Vietnam and now India. The company aims to receive tax incentives from the Indian government towards this ~$700 million facility.
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Posted: Jun 18,2020 by Ron Mertens
