HindustanTimes Wed,17 Sep 2014

Samsung plans newer products for India

HT Correspondent, Hindustan Times  Hyderabad, March 01, 2013
First Published: 20:48 IST(1/3/2013) | Last Updated: 20:50 IST(1/3/2013)

South Korea-based consumer electronics and mobile giant Samsung is betting on developing and delivering a quicker innovation pipeline to consolidate its position in India.


"We are here to push the boundaries for consumers with innovation," said BD Park, president and CEO, Samsung South West Asia, at the company's annual event Samsung Forum 2013 here. "Our focus is to accelerate discoveries and open up newer possibilities." 

Samsung showcased its upcoming technology products that includes an 85" high definition television, wobble washing machine, and notebooks at the event. The new product lineup will be available in India from May onwards. However, the company did not provide any price details.

Samsung India's Rs. 27,000-crore revenue in 2012, up by about 35% from last year, contributes about 4% to its global revenue. The company is expecting to maintain similar growth momentum this year as well.

(The writer's stay and travel was sponsored by Samsung)

more from Business

Sensex, Nifty fall most in 7 weeks ahead of US Fed policy meet

In their worst single-day drop in nearly 7 weeks, Sensex on Tuesday plunged 324 points and Nifty tanked 109 points on across-the-board selling on caution ahead of the outcome US Federal Reserve's monetary policy meeting.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved