Samsung to set up smartphone display manufacturing unit in Noida

Electronics manufacturing major Samsung is setting up a smartphone display manufacturing unit in Noida, according to regulatory filings accessed by business intelligence platform paper.vc.

The filings said that Samsung India had incorporated an entity, ‘Samsung Display Noida’, “with the principal of manufacturing, assembling, processing and sales of displays (including their parts, components and accessories) for all types and sizes of electronic devices.”

According to the filings, the company is investing more than Rs 3,500 crore in this facility. It could later be expanded to manufacture displays of other devices as well.