Samsung Electro-Mechanics (SEM) is intensifying its focus on India to tap into the country’s rapidly expanding markets for IT devices, EVs, and data centers.
The South Korea-based electronics components maker will showcase its multilayer ceramic capacitors (MLCCs), camera modules, and semiconductor substrates at Electronica India 2025 in Bangalore, signaling stronger engagement with Indian customers.
India’s electronics market, valued at US$83.9–89.1 billion in 2024, is projected to reach US$162.7 billion by 2034, driven by rising domestic demand, government incentives like the PLI scheme, and global supply chain diversification under the “China Plus One” strategy. SEM currently operates a software unit in India but has no manufacturing base.
Key Highlights
However, with smartphone and electronics production surging—Samsung operates one of the world’s largest smartphone factories in Noida and Apple aims to produce 70–80 million iPhones in India by 2026—SEM is seeking local partnerships to support just-in-time delivery and quality control for critical components like MLCCs and camera modules.
Also Read: Samsung to Integrate AI in 90% of Operations by 2030
Despite challenges such as high U.S. tariffs on Indian electronics (50 percent in 2025), India’s electronics sector has grown 200 percent since 2019, with total production projected to hit US$500 billion by 2030. SEM’s expansion aligns with this momentum and positions it as a key enabler of India’s transformation into a global electronics manufacturing hub.
We use cookies to ensure you get the best experience on our website. Read more...