HCMC - South Korea’s Samsung Electronics Co. will commission the first phase of a US$670 million cell-phone factory in the northern province of Bac Ninh some time this month, said a source from Samsung Vina.
The facility in Yen Phong Industrial Park, some 30 km from Hanoi, will mainly supply foreign markets, the source told the Daily at a road show which Samsung Vina held in HCMC last week to present its LED televisions.
Everything is ready and the factory will have a trial run this month before commercial production, and target Asia as the first foreign market, the source said.
The world’s second largest mobile handset maker commented work on the plant in April last year.
The source give no further details about the project but others said the plant could produce 30 million mobile phones a year in the first stage, which will triple to some 100 million units in the long run.
The investment reflects Samsung’s effort to cut costs to improve its competitiveness on the global market and meet fast-growing demand in Southeast Asia.
In addition to Samsung’s phone plant in Gumi, some 260 kilometers southeast of Seoul, Samsung has facilities in China, India and Brazil.
For the television front, Samsung Vina late last week launched its first full line of LED Full HD televisions and a comprehensive line-up of audio-visual products at the Samsung LED TV - AV Roadshow 2009 in HCMC.
The 32 to 55-inch LED Full HD televisions come with price tags from VND17.9 million to VND129.9 million per unit.
These models use LEDs as their primary light sources rather than traditional Cold Cathode Fluorescent Lamps (CCFL) to achieve mega contrast ratios, slimmer depths of 29.9mm thick, 70% thinner than traditional LCD televisions, and energy consumption reduction of some 40% compared to traditional LCD televisions.
The facility in Yen Phong Industrial Park, some 30 km from Hanoi, will mainly supply foreign markets, the source told the Daily at a road show which Samsung Vina held in HCMC last week to present its LED televisions.
Everything is ready and the factory will have a trial run this month before commercial production, and target Asia as the first foreign market, the source said.
The world’s second largest mobile handset maker commented work on the plant in April last year.
The source give no further details about the project but others said the plant could produce 30 million mobile phones a year in the first stage, which will triple to some 100 million units in the long run.
The investment reflects Samsung’s effort to cut costs to improve its competitiveness on the global market and meet fast-growing demand in Southeast Asia.
In addition to Samsung’s phone plant in Gumi, some 260 kilometers southeast of Seoul, Samsung has facilities in China, India and Brazil.
For the television front, Samsung Vina late last week launched its first full line of LED Full HD televisions and a comprehensive line-up of audio-visual products at the Samsung LED TV - AV Roadshow 2009 in HCMC.
The 32 to 55-inch LED Full HD televisions come with price tags from VND17.9 million to VND129.9 million per unit.
These models use LEDs as their primary light sources rather than traditional Cold Cathode Fluorescent Lamps (CCFL) to achieve mega contrast ratios, slimmer depths of 29.9mm thick, 70% thinner than traditional LCD televisions, and energy consumption reduction of some 40% compared to traditional LCD televisions.
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