Korean electronics giant Samsung appears to be on the brink of opening a multi-billion Rand manufacturing plant at Dube TradePort in KwaZulu-Natal.
Although official word has not been forthcoming from either Dube TradePort or KZN Economic Development bosses, a reporter from The Mercury newspaper claims to have received confirmation from Lionel October, director-general of the Department of Trade and Industry, that Samsung was finalising plans for a new factory.
The publication of The Mercury’s article was followed by an apparently accidental revelation by George Ferreira of Samsung Africa that the company will be opening a facility to manufacture televisions sometime before the end of July 2014. Said revelation has been neither confirmed nor denied by Samsung.
October was quoted as stating that the main incentives for this investment by Samsung – said to be between R3 and R4 billion – are tax and other manufacturing incentives that can be offered thanks to Dube TradePort becoming one of South Africa’s new Special Economic Zones (SEZ).
Electronic News Digest
News
A brief synopsis of current global news relating to the electronic engineering fields with regards to company finances, general company news, and engineering technologies.
Read more...4000 A containerised DB for power project
News
Power Process Systems has successfully completed the design, fabrication, and commissioning of a 4000 A containerised distribution board for a wind/PV solar hybrid renewable energy project.
Read more...Datacentrix Industrial Indaba 2025
News
Datacentrix recently hosted its inaugural Industrial Indaba 2025, where industry leaders explored how digitalisation, resilience, security and compliance are shaping the future of sustainable industrial operations in Africa.
Read more...RS brings solar light to 150 000 people RS South Africa
News
The company’s three-year partnership with SolarAid aims to raise £1 million through corporate donations, matched funding, product contributions, and fundraising to accelerate access to safe, sustainable energy.
Read more...Microchip and AVIVA Links collaboration Altron Arrow
News
Microchip and AVIVA Links have achieved groundbreaking ASA-ML interoperability, accelerating the shift to open standards for automotive connectivity.
Read more...Distribution partnership with MacDermid Alpha Testerion
News
MacDermid Alpha Electronics Solutions India Private Limited has announced that as of 01 September 2025 Testerion will be the sole importer and distributor of their products to the South African market.
While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.
printer friendly version