Samsung India: No IPO, Focus on AI, Interest-Free Finance & Local Manufacturing

Samsung Electronics has ruled out an immediate IPO for its India business, opting instead to prioritize AI integration across products and expand interest-free consumer finance schemes. The company also plans to deepen local manufacturing, including mobile phone display production under PLI.

• Samsung confirms no immediate plans for India IPO.
• Focus shifts to accelerating AI integration across products.
• Expansion of interest-free finance for consumer growth.
• Deepening local manufacturing, including mobile display production.
• India's Noida facility is Samsung's largest smartphone plant globally.
• Company seeks PLI scheme extension for component manufacturing.

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