FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
Samsung to Open World's Largest Smartphone Factory in India
Business | July 10, 2018, Tuesday // 15:21
- Tweet
Send to Kindle
Samsung has announced that it will be expanding one of its mobile phone factories in India, at the same time launching its "Make for the World" project to export Indian-made smartphones to foreign markets.
According to Samsung, its mobile phone factory will be the largest in the world, allowing for 120 million devices per year to be produced out of its Noida, Uttar Pradesh, facility -- which currently produces 68 million units each year.
The expansion of its existing Noida plant will be complete by 2020, with Samsung having announced a 4,915 crore rupees investment back in 2017 as part of the Uttar Pradesh government's Mega Policy.
"Our Noida factory, the world's largest mobile factory, is a symbol of Samsung's strong commitment to India ... Samsung is a long-term partner of India. We 'Make in India', 'Make for India', and now we will 'Make for the World'," Samsung India CEO HC Hong said.
"We are aligned with government policies and will continue to seek their support to achieve our dream of making India a global export hub for mobile phones."
Samsung's Galaxy S9, S9+, and Note 8 are all produced out of the existing Noida facility, with the tech giant also operating a factory in Sriperumbudur, near Chennai, along with five research and development (R&D) centres and one design centre in India.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Russian Forces Capture Strategic Village of Ocheretyne in Donetsk Region
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
Business | April 24, 2024, Wednesday // 16:10
Bulgaria Sees Surge in Lamb Prices as Retail Costs Rise
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
Russian Nationals Accused of Falsifying Documents for Bulgarian Citizenship
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
Business | April 23, 2024, Tuesday // 16:35
Bulgaria's Tourism Sector Pushes for Extension of Work Visas from Third Countries
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
65.3% of Bulgarian Workers Earn Below Subsistence Level
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
