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Last updated: March 24th, 2021 at 14:39 UTC+01:00
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The factory is expected to be built in Uttar Pradesh and be responsible for supplying India as well as other markets with 4G and 5G equipment. As far as India is concerned, the plant will be the launchpad for Samsung's 5G equipment employed by its biggest client, Reliance Jio.
Reports from the local media claim that Samsung's planning to take advantage of India's PLI (production-linked incentive) scheme and benefit from an Rs. 12,195-crore ($1.68 billion) infusion.
However, Samsung will have to invest a whopping Rs. 100 crore ($13.7 million) before it can sign up for the PLI scheme and take advantage of the Indian government's Rs. 12,195-crore investment.
Samsung will face competition though, as it won't be the only 5G equipment manufacturer applying to be funded. Samsung will reportedly join other companies including Cisco, Jabil, Foxconn, Flex, Ericsson, and Nokia.
As yet, there are no details as to when Samsung might want to make its 5G equipment manufacturing plant in Uttar Pradesh operational.
Mihai is a blogger and column writer at SamMobile. His first Samsung phone was an A800 which took a lot of beating, and a part of him still misses the novelty of the clamshell design. In his free time, he enjoys watching shows, documentaries, and stand-up comedy; listening to music, taking walks, and occasionally playing old(er) video games.
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