We got the best Samsung deals! Galaxy S24 Ultra, Watch 6, Z Fold 5 or, Z Flip 5.

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Tired of waiting, Samsung Display throws numbers at India OLED factory

    Business
    By 

    Last updated: November 5th, 2020 at 17:56 UTC+01:00

    Even if that old saying about patience being a virtue was true, no piece of folk wisdom really tackles the merits of staying true to a deliberate business strategy amid something as unpredictable as a global pandemic. Maybe Samsung comes up with one such adage once all this coronavirus craziness is over, but for the time being, the South Korean giant decided to seize some extra agency in an effort to deal with one of its stagnating construction projects.

    The issue at hand is a new OLED panel factory that Samsung Display has been building in Noida since early this year. And as some of you might recall, “early this year” turned out to be a pretty bad time to start developing anything besides an acute case of agoraphobia. Least of all a mobile display module factory valued at half a billion U.S. dollars.

    Samsung's Noida project is a textbook example of how time equals money

    What's done is done, however, and Samsung still has an OLED plant that it needs to have up and running faster than you can say “government subsidies and other incentives for local manufacturers.” But amid the lockdowns affecting the Gautam Buddh Nagar district in the northern Indian state of Uttar Pradesh, Samsung's project hasn't really been making tremendous progress.

    So, the longer Samsung takes to get this smartphone screen factory up and running, the more money it loses. At least that's how any management with some clue of what they are doing would perceive the issue. Especially since the aforementioned investment figure was already greenlit, so Samsung Display's leadership also has $500 million worth of opportunity costs to answer for.

    This is why it has now decided to send some hundred more employees to Noida in an effort to get the project back on track. The group will depart Saturday, undergo COVID-19 testing in New Delhi and proceed to the construction site after a safety quarantine period. Samsung is still hoping to have the plant operational by mid-2021.

    The factory should allow it to not just reduce the cost of smartphones it sells locally, but also improve its logistical flexibility to the point that it can iterate more frequently and put out consumer goods even faster. In other words, the Noida plant is likely to eventually pave the way for even more Galaxy smartphones and tablets with a wide array of India-specific selling points being released on a regular basis.

    BusinessDisplay IndiaOLED

    You might also like

    Pre-order a 2024 Samsung TV and get a 2nd 65-inch model for free

    Pre-order a 2024 Samsung TV and get a 2nd 65-inch model for free

    Samsung's new 2024 TVs, unveiled at CES in Las Vegas in January, are now available for pre-order. The latest models include a new Frame, OLED TVs, and Neo QLED 4K and 8K models. Each series is available in different sizes and configurations. But no matter which one you decide to pre-order, Samsung is rewarding early […]

    • By Mihai Matei
    • 11 hours ago
    Galaxy Book 4 is now available in India

    Galaxy Book 4 is now available in India

    Last month, Samsung launched the Galaxy Book 4 360 and the Galaxy Book 4 Pro in India. The company has now added one more laptop to its 2024 laptop lineup: Galaxy Book 4. It is the most affordable laptop in the Galaxy Book 4 series, and you can now purchase it in India. This laptop […]

    • By Asif Iqbal Shaik
    • 2 days ago
    Pre-orders for Samsung’s new OLED and Neo QLED TVs are now open in USA

    Pre-orders for Samsung’s new OLED and Neo QLED TVs are now open in USA

    At CES 2024 earlier this year, Samsung unveiled its new TV and soundbar lineup. However, the company had not revealed the pricing or launch dates of its new TVs and soundbars at the time. Today, Samsung has started taking pre-orders for its new Neo QLED and OLED TVs. Its Music Frame wireless speaker is also […]

    • By Asif Iqbal Shaik
    • 3 days ago
    Galaxy M55 to have as much RAM as Galaxy S24 Ultra

    Galaxy M55 to have as much RAM as Galaxy S24 Ultra

    After launching the Galaxy A35 and the Galaxy A55, Samsung is preparing for the launch of two new Galaxy M series phones. One of those phones has as much RAM as Samsung's current flagship phone, the Galaxy S24 Ultra. It is the Galaxy M55, and it will be launched in India alongside the Galaxy M15 […]

    • By Asif Iqbal Shaik
    • 4 days ago
    Samsung India expects 5G phones to bring 75% of all sales in 2024

    Samsung India expects 5G phones to bring 75% of all sales in 2024

    The number of 5G phones in Samsung India's product mix has increased significantly over the past couple of years. The vast majority of all Galaxy phones that it releases in the country are now equipped with 5G capabilities. With the launch of its new mid-range 5G devices, the Galaxy A35 and Galaxy A55, Samsung is […]

    • By Adnan Farooqui
    • 4 days ago
    Galaxy Tab A8 (2021) finally gets Android 14 (One UI 6.0) update

    Galaxy Tab A8 (2021) finally gets Android 14 (One UI 6.0) update

    Samsung has finally released the Android 14-based One UI 6.0 update to the Galaxy Tab A8 (2021). With this update, the low-end tablet has received a total of three major Android OS updates, and it could be the last major update it will get. Galaxy Tab A8 (2021) gets Android 14 and One UI 6.0 […]

    • By Asif Iqbal Shaik
    • 4 days ago