News for 'Samsung Electronics'

Samsung Electronics loses $12 billion market value

Samsung Electronics loses $12 billion market value

Rediff.com7 Jun 2013

Some analysts feel that the company is trading margins for volumes.

Cooling hub Sri City gets a Carrier legacy stamp

Cooling hub Sri City gets a Carrier legacy stamp

Rediff.com7 days ago

Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.

Samsung to manufacture Galaxy S25 smartphone at Noida plant

Samsung to manufacture Galaxy S25 smartphone at Noida plant

Rediff.com23 Jan 2025

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.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Rediff.com31 Dec 2025

India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com7 Oct 2024

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.

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Rediff.com25 Sep 2024

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.

Centre Wants Stalin To End Samsung Strike

Centre Wants Stalin To End Samsung Strike

Rediff.com26 Sep 2024

Labour Minister Mansukh Mandaviya urges state government 'to intervene for an early and amicable resolution for maintaining a positive manufacturing sector ecosystem'.

India dials up record smartphone exports; shipments touch $13.4 bn in H1

India dials up record smartphone exports; shipments touch $13.4 bn in H1

Rediff.com9 Oct 2025

Smartphone exports for the first six months (April to September) of 2025-26 (FY26) surged to $13.4 billion, based on industry estimates. Driven by the production-linked incentive (PLI) scheme, this marks a 59 per cent jump over the $8.5 billion exported during the same period of the previous financial year (2024-25/FY25).

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com9 Oct 2024

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.

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Amazon, Flipkart showcase GST deals as festival shopping begins

Amazon, Flipkart showcase GST deals as festival shopping begins

Rediff.com23 Sep 2025

Amazon India unveiled a dedicated marketplace section highlighting products with reduced tax burdens as the goods and services tax (GST) restructuring took effect on September 22, positioning the ecommerce giant to capitalise on lower consumer prices across electronics, appliances, and other categories. Its rival Flipkart, too, has rolled out its own GST-focused storefront, the GST Bachat Utsav, aimed at helping shoppers maximise benefits from the new tax rates across multiple categories.

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com21 Sep 2024

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.

Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com18 Oct 2024

Employees were told to return to work from Monday onwards for a fresh start for improved production.

Dixon gets govt nod for JV with Chinese firm Longcheer

Dixon gets govt nod for JV with Chinese firm Longcheer

Rediff.com25 Jul 2025

Dixon Technologies has received approval from the Indian government to form a joint venture (JV) with Chinese peer Longcheer, according to a regulatory filing. The JV will be formed between Dixon and Longcheer's Singapore-based subsidiary.

Willing to negotiate with workers directly: Samsung

Willing to negotiate with workers directly: Samsung

Rediff.com30 Sep 2024

Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant "illegal". Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.

Samsung, Apple to end patents war outside US

Samsung, Apple to end patents war outside US

Rediff.com7 Aug 2014

Apple still has a request pending for a sales ban against newer Samsung phones in that proceeding.

Strike called off; Samsung says won't take any action

Strike called off; Samsung says won't take any action

Rediff.com15 Oct 2024

Appliances and consumer electronic major Samsung has welcomed trade body CITU's decision to call off over one month long strike at its Tamil Nadu-based plant and said it would not take any action against workers who merely participated in the strike. Samsung India also thanked the Tamil Nadu government, which held extensive discussions with the concerned parties at various stages, according to a company statement.

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Rediff.com23 Sep 2025

At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.

Strike: Lessons For Samsung From Hyundai

Strike: Lessons For Samsung From Hyundai

Rediff.com15 Oct 2024

IPO bound HMIL, which is also from South Korea, had faced severe labour unrest for nearly a decade till the realisation -- a worker's union cannot be avoided -- dawned on it.

IIM-A placements: HUL, Samsung make top offers

IIM-A placements: HUL, Samsung make top offers

Rediff.com9 Mar 2021

Unlike many other B-schools, IIM Ahmedabad follows a cluster system of final placements process where sectors are invited in cohorts at regular intervals.

Will Samsung continue to rule global electronics industry?

Will Samsung continue to rule global electronics industry?

Rediff.com8 Nov 2020

History of electronics indicates that no company, nor any nation for that matter, has been able to cement pole position and maintain it through several cycles. he death of its iconic promoter, Lee Kun-hee, raises questions over how long the chaebol can maintain its gigantic footprint in the global electronics industry, says Devangshu Datta.

Samsung eyes 50% market share in India's super premium segment with Fold 5, Flip 5

Samsung eyes 50% market share in India's super premium segment with Fold 5, Flip 5

Rediff.com31 Jul 2023

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.

Flipkart, Amazon Stack Up Space For Festival Rush

Flipkart, Amazon Stack Up Space For Festival Rush

Rediff.com9 Sep 2025

Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.

SanDisk rejects Samsung's hostile takeover bid

SanDisk rejects Samsung's hostile takeover bid

Rediff.com17 Sep 2008

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.

Samsung to unveil its next Galaxy SIV on Apple's turf

Samsung to unveil its next Galaxy SIV on Apple's turf

Rediff.com25 Feb 2013

Mobile carriers requested the company for a US launch.

Samsung officials questioned by DRI over alleged duty evasion

Samsung officials questioned by DRI over alleged duty evasion

Rediff.com10 Jul 2021

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.

Samsung's next big bet: Smartphone with a curved screen

Samsung's next big bet: Smartphone with a curved screen

Rediff.com14 Nov 2014

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.

Samsung unveils new Galaxy Note II

Samsung unveils new Galaxy Note II

Rediff.com30 Aug 2012

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.

Chelsea sign Samsung as club sponsor

Chelsea sign Samsung as club sponsor

Rediff.com26 Apr 2005

The English Premier League leaders signed a five-year sponsorship deal with South Korean electronics firm Samsung.

Samsung to focus on home appliances, invest $100mn

Samsung to focus on home appliances, invest $100mn

Rediff.com17 Jan 2007

Samsung is also in the process of strengthening its own retail network.

Samsung launches smartwatch, Galaxy Note 3

Samsung launches smartwatch, Galaxy Note 3

Rediff.com5 Sep 2013

Samsung's Galaxy Gear smartwatch works as an accessory to its market-leading Galaxy smartphone, with a small screen offering basic functions such as photos, hands-free calls and instant messaging.

Sigh! Samsung tries to beat the iPad... again!

Sigh! Samsung tries to beat the iPad... again!

Rediff.com3 Jul 2014

Will the Samsung Galaxy Tab S give the latest iPad a run for its money? It seems so, says Shruti Puri.

Samsung to invest $5 mn in India R&D centre

Samsung to invest $5 mn in India R&D centre

Rediff.com17 Sep 2003

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.

Samsung commissions refrigerator plant

Samsung commissions refrigerator plant

Rediff.com3 Sep 2003

South Korea's Samsung Electronics on Wednesday announced commissioning of its refrigerator manufacturing plant in India and said it will achieve a 13 per cent market share by selling 400,000 refrigerators this year.

Samsung unveils Galaxy S5 for Rs 51,500

Samsung unveils Galaxy S5 for Rs 51,500

Rediff.com11 Apr 2014

The company said it has sold 3.5 crore Galaxy devices, including smartphones and tablets, in India so far.

Samsung plans aggressive smartphones for India

Samsung plans aggressive smartphones for India

Rediff.com7 Sep 2010

With 17 per cent market share in the Indian mobile market, Samsung Mobile plans to add another six to seven per cent market share this year.

Samsung launches world's first smartphone with curved screen

Samsung launches world's first smartphone with curved screen

Rediff.com9 Oct 2013

Samsung Electronics Co Ltd on Wednesday launched the world's first smartphone with a curved display, a variant of the Galaxy Note which moves the Asian giant a step closer to achieving wearable devices with flexible - even unbreakable - screens.