>> Samsung is pushing to take poll position in India. It's the world's fastest growing major market for phones and Samsung wants to jump ahead of Chinese competition. On Tuesday it opened it's biggest mobile store in the world in a restored colonial era opera house.>> For us, Samsung Opera House, which is the world's largest mobile experience center is essentially a place where we will bring culture, art, socializing to entertainment, together with technology, innovation, startup culture and really blend the two in.
>> India's billion plus wireless subscribers are drawing in phone makers. It's a tempting market as demand slows down in the US and even in China. Samsung is betting big that it's the company's next money maker as it tries to recover from sluggish second quarter earnings. The firm is carrying $700 million into this new phone factory in the outskirts of New Delhi which Samsung says it's the biggest in the world.
It's helping to bolster ties between South Korea and India. President Moon Jae-in traveled to New Delhi in July and jointly inaugurated the factory with Prime Minister Narendra Modi.>> Success in India could also help Samsung edge out its global rival, Apple, which has yet to open any flagship stores in the country.