Samsung builds its largest mobile phone production base
Posted on 21-Jul-2005 11:38
Filed under: News
New premises of Samsung Telecom Technology Co., Ltd. have been completed in the Tianjin TEDA Micro-Electronic Industrial Park. Covering an area of 65,000 square meters, it is Samsung Group's largest mobile phone production base. Upon completion, monthly capacity of its production lines will double.
Over the past few years, Tianjin Samsung Telecom Technology Co., Ltd.'s mobile phone sales have continuously increased. In 2004, it produced 14 million varying types of high-end Samsung mobile phones.
Tianjin Economic-Technological Development Area (abbreviated to TEDA, with "Taida" as its Chinese transliteration) was established in 1984, upon the approval of the State Council of the People's Republic of China. It was one of the first state-level economic and technological development zones in China.
Over 3,300 overseas-founded companies have settled in TEDA. Among them 93 are founded by 44 corporations of the Fortune Global 500 like Motorola, Samsung, Toyota Motor, etc.
In 2004, annual mobile phone production in Tianjin reached 49.5 million units. It is forecasted that by 2010, over 80 million mobile phones will be produced in the region.