Samsung has opened India's largest phone factory in the world

phone in the world. The factory on the outskirts of New Delhi jointly opened, according to Reuters, India's President Narendra Modi and South Korea's President Mun Ce.

The new plant has an annual production capacity of 120 million mobile phones. which is now the second largest mobile phone market in the world (the biggest market is China, the United States comes second).

The World's Largest Mobile Phone Factory: Samsung, India

The factory will produce both cheaper and more expensive mobile phone models . But, according to analysts, this plant will have a cheaper production of both devices than in other factories in China, South Korea and Vietnam.

The new plant will help Samsung, according to Bloomberg agencies, in a difficult Conquest. The Chinese manufacturer Xiaomi (Xiamoi), which pushed him to second place of the largest mobile phone resellers in the Indian market. Samsung also plans to export some of its production from its Indian plant

Analysts warn that the Indian market offers mobile phone manufacturers tremendous scope for expansion. Namely, this country has more than 1.3 billion inhabitants, but for the moment only 425 million smartphone users. Last year, the sale of smartphones reached 124 million pieces, and it has been growing at the fastest pace in the world for several years. Indians, because of their low income, still prefer cheaper phones, that is, those priced at less than $ 250. It is thought that this is one of the reasons, perhaps even the most important, for which American Apple fails to penetrate this market.