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Samsung Completes Handset Production Factory in Spain
Posted: 23-Jun-2000 [Source: Maeil Business Newspaper, Korea]

[Samsung builds European GSM handset production facility. ]

Seoul -- "Samsung Electronics Co., Ltd. said that it finished construction of production facilities for mobile-phone handsets in Spain. The facilities have an annual production capacity of 1.4 million handsets.

"The company said it hopes to penetrate the European wireless handset market, which uses the GSM method of wireless telecom services. Samsung hopes to strengthen its marketing network in Europe and will nurture the production facilities as its distribution center in Europe.

"Europe's wireless handset sales market is expected to total 130 million units this year, with the Spanish handset market forecast at 11 million units.


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