Financial Daily from THE HINDU group of publications Wednesday, Nov 24, 2004 |
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Corporate
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Human Resources Samsung to double India workforce Our Bureau
NEW DELHI: Samsung on Tuesday said it plans to expand its research and development (R&D) operations in India by doubling the headcount in the existing centres of Bangalore and Noida, over the next three years. "We have 700 people in our R&D centre in Bangalore, which focuses on developing software for printers and networking. We expect to double this in the next 3 years," Mr K.S. Kim, President and CEO, Samsung South West Asia Regional Headquarters said. The company's R&D centre at Noida is involved in software format for digital TV, and houses 150 professionals. "This too would be doubled in the next 2-3 years," he said. Samsung's existing R&D facilities are located in the US, Tokyo, Russia, Korea and China amongst others destinations. "India is a global R&D hub for the company," he said but did not divulge the investment details planned for next year.
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