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Samsung to invest in Indian software R&D center

NEW DELHI - Samsung will invest another US$5 million (Rs226 million) in a software research and development (R&D) center at Noida this year to develop products like digital televisions and plasma display panels for global consumption.

The company, which set up the center in 2002, has already put $12 million into R&D, including research into hardware, a company spokesperson told reporters.

"We will bring in another $5 million for software R&D this year. Manpower is also likely to double by next year to 300 people at the Noida center," the spokesperson said.

Addressing a Cetma seminar on Emerging Technologies and Trends in the Consumer Electronics Sector, Samsung Corporation's David Steel said developing software strength in India will lead to more television and home appliance entertainment applications.

(Asia Pulse/PTI)


Mar 16, 2004


 
     
         
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