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Samsung Display Noida begins production of mobile display panels

Monday, 19 Apr 2021
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Samsung has started production of mobile display panels at its Noida factory in Uttar Pradesh. The company will soon ramp up production to make IT display panels as well.

Samsung Display Noida has started production from April 2021. Currently, it is making only mobile display panels at the Noida factory.

With the production-linked incentive (PLI) Scheme, the local value addition can hit 25-30 percent over a period of time, from 12-13 percent presently.

Samsung was the only handset company to have met its targets under the PLI Scheme for 2020-21. The Uttar Pradesh government had approved special incentives for Samsung Display Noida, which has invested Rs 4,825 crore to relocate its mobile and IT display production unit from China to the state, giving a boost to India's bid to expand local manufacturing.

Besides a financial provisioning of Rs 250 crore from the state government for this project for five years, Samsung will also get financial incentive of Rs 460 crore under the Centre’s Scheme for Promotion of Manufacturing Electronic Components and Semiconductors.

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