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LG Electronics to build CDMA handsets in India |
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MANHASSET, N.Y. — Korean electronics supplier LG Electronics has announced its plan to establish a manufacturing unit in India to make CDMA handsets locally to cater to the Indian consumer. LG plans to start manufacturing CDMA handsets in India next year and also aims to scale up production capacity of GSM mobile phones from 1 million now to 10 million by 2010. “We are contemplating starting manufacturing CDMA handsets by next year,” said LG Electronics India Ltd Managing Director KR Kim, in a statement. No details were announced regarding the investment LG would have to make to start this latest venture. LG will manufacture CDMA handsets at its existing plant in Pune. The Pune plant now produces over one million GSM mobile handsets and will be expanded the next couple of years. Samsung Electronics announced Nov. 30, it would manufacture handsets in India, joining other handset suppliers that have previously announced plans to manufacture there.(() |
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