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Samsung doubles down on smartphone production in India with huge new investment

June 5, 2017


They say you have to spend money to make money, and while Apple continues to eclipse arch-rival Samsung in terms of global smartphone profits, the chaebol can definitely hope for a reversal of fortune down the line, when its large investments in key markets may spectacularly bear fruit.

It’s no secret that India still has plenty of room for growth, especially when it comes to high-end mobile devices, as once popular feature phones finally near local oblivion, and the average selling price of intelligent handhelds starts rising.

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