Samsung is not having an upper hand in the smartphone industry but the company is also the world’s largest telecommunication manufacturer as well. Now the company is all set to make 4G and 5G Telecom networking gear in India.
According to the latest information, Samsung plans to invest $49 million in India to manufacture 4G and 5G telecommunications infrastructure equipment. The company will manufacture networking gear in the southern part of the country.
It is worth mentioning that Samsung is already having one of the largest Smartphone factories in the world in India. The new development will definitely boost the economy. Samsung has already received the National Security Council Secretariat approval and that is essential for any company to make Telecom equipment in India.
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