'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'
Some analysts feel that the company is trading margins for volumes.
South Korean consumer electronics major Samsung, which on Wednesday launched its latest smartphone Galaxy S25 in San Jose, US, will also be manufacturing it at its Noida plant in India, J B Park, president & CEO of Samsung Southwest Asia, said. Moreover, the Bengaluru-based R&D centre of Samsung, the biggest outside South Korea, has "contributed significantly" for developing the S25 series of Galaxy AI.
Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.
As the strike by Samsung Electronics employees in Sriperumbudur on the outskirts of Chennai entered its 16th day, the company on Tuesday claimed that it is paying 1.8 times of the average salary that manufacturing workers in the region are getting. "At Samsung India, the welfare of our workers is our top priority. "The average monthly salary of our full-time manufacturing workers at the Chennai plant is 1.8 times the average salary of similar workers employed at other companies in the region,"a Samsung statement said.
Labour Minister Mansukh Mandaviya urges state government 'to intervene for an early and amicable resolution for maintaining a positive manufacturing sector ecosystem'.
Employees were told to return to work from Monday onwards for a fresh start for improved production.
Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
Politicians across the political spectrum graced Radhika Merchant and Anant Ambani's wedding ceremonies at the Jio World Convention Centre at the Bandra Kurla Complex in north west Mumbai.
According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.
The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.
Three different invitations were sent out for the wedding and the receptions with top-run guests being sent a large red box that contained an intricate chest incorporating a mini silver temple featuring gold idols of various Hindu deities, including Lord Ganesh, Radha-Krishna, and Goddess Durga.
The protests erupted after a "WiFi device" installed at the Star City Mall allegedly played blasphemous comments.
Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone segment in India, currently dominated by iPhone maker Apple.
Unlike many other B-schools, IIM Ahmedabad follows a cluster system of final placements process where sectors are invited in cohorts at regular intervals.
The probe agency is learnt to have taken possession of multiple physical and digital records during a search operation conducted on the premises of the South Korean firm in Delhi and Mumbai this week.
Apple still has a request pending for a sales ban against newer Samsung phones in that proceeding.
The apex court has settled the long-pending dispute between companies such as Samsung, IBM, HP & others and the tax department.
Mobile carriers requested the company for a US launch.
Sources said about hundreds of companies, including Facebook and Amazon, could seek tax refund because they import software for sale in India.
Reliance Industries Ltd, the country's largest company by revenues, profits and market value, has topped Indian corporate in the World's Best Employers rankings 2021 published by Forbes. Reliance was placed at 52 in the overall ranking of 750 global corporates likes Phillips, Sanofi, Pfizer and Intel. Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking.
The company is headed for its worst annual profit in three years, under siege as Chinese firms like Xiaomi and Lenovo reel in buyers with full-function touch-screen smartphones that are cheaper.
The company said it has sold 3.5 crore Galaxy devices, including smartphones and tablets, in India so far.
The world's largest supplier of flash storage card products SanDisk, has rejected a hostile takeover bid from South Korean major Samsung Electronics proposing to purchase the US major's shares for $26 each in cash.
Galaxy S10+ will be available in 1 TB, 512GB and 128 GB storage variants and will be priced at Rs 1,17,900, Rs 91,900 and Rs 73,900, respectively. The Galaxy S10, on the other hand, will retail for Rs 84,900 (512 GB variant) and Rs 66,900 (128 GB). S10e would be available in only 128 GB storage variant and will be priced at Rs 55,900.
Samsung is also in the process of strengthening its own retail network.
Samsung Electronics, after losing a US patent battle with Apple, unveiled the second generation of its popular Galaxy Note phone-cum-tablet in Berlin on Wednesday.
Samsung also launched three wearable devices, Gear 2,priced at Rs 21,900, and the Gear Fit and Gear 2 Neo, costing Rs 15,900 each.
Korean major Samsung Electronics plans to invest $5 million in its research and development facility in India and more than double manpower to 300 next year.
For the first time, the company will use Intel chips.
China's Xiaomi unveiled on Tuesday its new flagship Mi 4 smartphone, aimed squarely at the premium handset market dominated by Apple Inc and Samsung Electronics Co Ltd.
Amazon.com Inc's new cellphone seeks to offer shoppers instant gratification by recognizing thousands of products, television shows and songs and allowing users to immediately buy them.
The company is already setting up shop elsewhere in Asia in Malaysia, Singapore and the Philippines.
The Galaxy S20 series, unveiled in San Frisco, USA, at Samsung's 'Unpacked 2020' event, also features a new, secure processor which protects against hardware-based attacks. According to the company, the new phones have significantly increased camera resolution. S20 and S20+ have a 64MP camera and the S20 Ultra has a 108MP camera.
The growth of Chinese manufacturers is shaking up the smartphone industry.
Brazilian soccer legend Pel has sued Samsung Electronics Co for at least $30 million, alleging the Korean company improperly used a look-alike in an advertisement that ran in the New York Times without permission.
Three of the world's top five smartphone sellers were Chinese manufacturers in the April-June quarter, Strategic Analytics said, as China's low-cost offerings on the Android operating system whittled away Samsung's market share.
With their hundreds of years of watch making experience, Swiss watchmakers can afford to take a long view of technological fads and fashions.
Samsung launches Galaxy S5 with fingerprint scanner.
Competes with Nokia's Asha range and similar offerings from domestic firms like Micromax and Karbonn.
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