Uttar Pradesh Chief Minister Adityanath said India and South Korea have a strong trade and cultural relationship and invited new ventures to invest in the state.
Speaking on the occasion, Korean President Moon Jae In said Korean companies are taking part in the fast-paced growth of India and plant like the Samsung factory will create more jobs for Indian people.
Demand for new mobile phones is surging in India, helped in part by billionaire Mukesh Ambani offering US$23 4G feature phones, free voice services and cheap data plans.
"We are aligned with government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones", Hong said.
Moon also said that "limitless possibilities" are present for the two countries if India's technological capabilities and human resources are combined with Korea's capital and industrial experience.
Not just mobiles, the expansion of the current facility will double Samsung's production capacity of consumer electronics like refrigerators and flat panel televisions, further consolidating the company's leadership in these segments.
Located in Noida on the outskirts of New Delhi, the new facility will give Samsung the ability to output handsets at an unprecedented rate - said to be up to 120 million smartphones a year.
Why it matters: Setting up shop in one of the world's last remaining untapped markets will allow Samsung to make phones at a lower cost, boosting profit at a time when other markets have cooled.
Chinese smartphone maker Xiaomi said in April it will set up three more factories in India. Today, Samsung is the market leader across mobile segments. "They boarded the metro at Mandi House around 4.36 p.m. and travelled to Botanical Garden, leaving the station at 5.02 p.m.", said a Delhi Metro Rail Corporation (DMRC) official. Both used tokens like everyday passengers and it was ensured that the movement of the train is not delayed due to the special visit.
"I feel proud as an Indian today". India has around 40 crore smartphone users and almost 32 crore people use broadband.
Miki Sudo celebrates after winning the women's annual Nathan's Hot Dog Eating Contest on July 4, 2018 in Coney Island. The judges originally counted 64 hot dogs, but it was later revealed that an entire plate wasn't counted.
She next faces Italy's Camila Giorgi who saved a match point to beat Katerina Siniakova of the Czech Republic 3-6, 7-6 (8/6), 6-2. In a match full of big swings, Keys led 5-2 in the first set before Rodina won the next nine games to go 4-0 up in the second.
The benchmark Shanghai Composite Index fell by as much as 1.52% in the morning before finishing the session up 0.45% on Friday. After that, Trump has made it clear he is planning additional duties on Chinese products worth a staggering $500 billion.
Ambulances transport boys rescued from Tham Luang Nang Non cave to hospital on July 8, 2018 in Chiang Rai, Thailand. According to a document released by the Thai authorities, two divers will accompany each of the teenagers.
Paul Rudd , Evangeline Lilly , Michael Douglas , and Hannah John-Kamen - who star as Ant-Man, the Wasp, Dr. Not only does this shockingly boost Thanos' death toll, it also leaves Scott trapped in the quantum realm.
Besides, they said, because Trump said he was protecting national security, that concern overrode the establishment clause. JOHNSON: Activists backing civil rights and abortion rights mixed with Democratic senators on the steps of the court.
Meanwhile, the Senate's top Democrat wasted no time in sharing his displeasure at Trump's choice to replace Justice Kennedy. Prior to his time as a judge he oversaw an investigation into the death of a deputy counsel for President Bill Clinton .
In a video shared with NBC, former head wrestling coach Russ Hellickson said he confronted Strauss and told school officials. An investigative team from Seattle-based Perkins Coie (coo-ey) emailed Jordan directly - but inaccurately - in May.
News Trump's Pressure On NATO Is Working, US Ambassador Claims
The NATO summit is likely to be dominated by Trump's insistence that member nations step up and pay more for their joint defence. President Donald Trump is planning to meet one-on-one with Russian leader Vladimir Putin at their summit July 16 in Helsinki.
Kylie Jenner: I am no longer using lip fillers
When she was just 17, Kylie opened up on her decision to have the procedure done after being self-conscious over her thin lips. But while the BFFs were celebrating their 8-year anniversary of friendship, a fan noticed something different about Kylie .
Mandatory fire evacuations lifted in Goleta
Three dozen large fires continue to burn in 11 states across the West on Saturday as dry air and hot temperatures have settled in. But the threat of a deluge raised the possibility of flooding at a stubborn blaze in the southwestern corner of the state.
Samsung profits slow after poor smartphone sales
This likely means that the foldable smartphone's unveiling , which has been delayed for a few years, will finally happen soon. Perhaps now might be a good time to mention that Apple is also rumored to be launching three smartphones later this year.
Chris Paul contract: Guard reportedly to re-sign with Rockets
Looking forward, Paul will continue to provide tenacious on-ball defense and playmaking starting at point guard for the Rockets . For four years, " Houston " Chris Paul will earn nearly as much as his entire career in the National Basketball Association .