Tianjin Economic-Technological Development Area ("TEDA") announced today that the new premises of Tianjin's Samsung Telecom Technology Co., Ltd. have been completed in Tianjin TEDA Micro-Electronic Industrial Park. Covering an area of 65,000 square meters, it is Samsung Group's largest mobile phone production base. Upon completion, monthly capacity of its production lines will double, rising above its national peers.
Samsung has taken a leading position regarding many aspects of the mobile
communication field. Over the past few years, Tianjin Samsung Telecom Technology Co., Ltd.'s mobile phone sales have continuously increased. In 2003, Samsung Telecom's revenue exceeded RMB7 billion, making it Samsung's global mobile phone production base. In 2004, it produced 14 million varying types of high-end Samsung mobile phones.
In 2004, annual mobile phone production in Tianjin reached 49.5 million units. During the next several years, Tianjin's mobile industry will enjoy more substantial development. It is forecasted that by 2010, over 80 million mobile phones will be produced in Tianjin and the output value from the electronic information industry will exceed RMB300 billion, thus laying a solid foundation for China to become the "Mobile Phone Capital."
Tianjin Economic-Technological Development Area (abbreviated to TEDA, with "Taida" as its Chinese transliteration) was established in 1984, upon the approval of the State Council of the People's Republic of China. It was one of the first state-level economic and technological development zones in the country.
Located in the centre of the Circum-Bohai economic circle and in the east of the Eurasia continental bridge, TEDA is a portal to such two metropolises as Beijing and Tianjin and a vital passage to Northeast China
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