Samsung to set up R&D center in Vietnam

Samsung to soon launch a research and development center in the capital Hanoi, Vietnam. The center is said to be operational by 2019 and is said to employee around 6,000 people.

South Korean technology giant Samsung Electronics has been given the green light by Vietnamese Prime Minister Nguyen Tan Dung to build a $300 million research and development centre in the capital Hanoi, the media reported on Friday. Once operational in 2019, the 21-storey facility will cover three hectares, employ about 6,000 people and develop high-tech electronic and telecommunication products, the company said. It will also operate rent-free for 50 years, EFE news reported. Also Read - Samsung Galaxy Tab S7 Lite 5G leaks show support for S-Pen, dual rear camera and more

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Vietnam has become one of Samsung’s biggest production hubs, and the firm has invested almost $15 billion in two production facilities in the country’s north, and in Saigon. Producing Samsung products has helped Vietnam replace clothing and footwear with smartphone and electronics manufacturing as the country’s largest source of export revenue.

Smartphone exports alone were worth $30 billion last year, making up 18.6 percent of the Communist country’s total export revenue.

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Samsung recently launched the launched the Samsung Galaxy S7 and Samsung Galaxy S7 egde.

Samsung Galaxy S7 and Galaxy S7 edge specifications and features: Both smartphones are equipped with same hardware, except for the screen size and battery capacity. Both smartphones feature QHD Super AMOLED displays. While the Galaxy S7 comes with a 5.1-inch display the edge variant is equipped with a slightly larger 5.5-inch dual-edge curved display.

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Samsung Galaxy S7 and Galaxy S7 edge price: The Galaxy S7 32GB is priced at Rs 48,900, whereas the Galaxy S7 edge 32GB variant is priced at Rs 56,900. Pre-bookings for both smartphones start today and will go on till March 17. Those who pre-book the smartphones will get a free Gear VR headset. The closest competition to the latest Galaxy S7 family will be iPhone 6s and iPhone 6s Plus.

With additional inputs

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