Samsung Leadership soon to make Investment announcement in India
South Korean firm Samsung Electronics Vice-Chairman Lee Jae-yong is in India, who may announce investment plans for business expansion in the country during ongoing festive season, according to reports.
Jee-yong, the only son of Samsung Group chief Lee Kun-hee, arrived in India and was briefed by Samsung officials in Mumbai over the company's mobile business here.
"... the South Korean tech giant may make further investment to expand its presence in the world's second-largest smartphone market," according to a report.
Samsung is one of the key supplier to the country's largest telecom operator Reliance Jio and is very keen to get involved in 5G business.
Samsung is the second largest smartphone seller in India. According to Counterpoint Research, the Korean firm's smartphone...