South Korea's Samsung Electronics said on Wednesday that India would be the headquarters for its Southwest Asia operations
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.
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.
Judge noted that Apple had not presented enough evidence that its patented features drove consumer demand for the entire iPhone.
Samsung's new voice control, motion control and face recognition aims at advancing the user experience in a competitive TV market that values ease, convenience and choice.
The new phone will transmit data at nearly twice the normal speed.
The lawsuit was unlikely to have deprived Lee of his control over Samsung Electronics, the world's biggest maker of smartphones, TVs and memory chips.
The Indian unit of South Korea's LG Electronics Inc. plans to double its market share in the growing refrigerator segment in 2003 by launching a slew of new models, a senior official said on Monday.
Samsung Electronics, the Korean electronics goods major, said on Wednesday that it aimed to grow by over 30 per cent this year as against Rs 4,000 crore (Rs 40 billion) revenues in 2003 by targeting consumers with a host of new products.
On Wednesday, Lee junior, 44, was promoted to vice chairman, moving him a step closer to eventually taking over from his 70-year-old father in what looks to be a well choreographed long-term succession plan. And investors seem to like the idea.
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.
Of the smartphones market of 5.50 million units, Samsung had a 41.6 per cent share, while Nokia and RIM had 19.2 per cent and 12.1 per cent share, respectively.
The company is already setting up shop elsewhere in Asia in Malaysia, Singapore and the Philippines.
Currently, most of the mobile handsets sold in India are imported from China either fully built or in knocked-down versions.
The tablet comes with 1.6 GHz quad-core processor and 2GB RAM.
Judge rejected Apple's request for a permanent sales ban in the US against some older Samsung smartphones.
Apple is a major purchaser of Samsung flash memory. An Apple spokesman declined to comment on whether the company plans to use the chip in future iPods.
Electronic goods manufacturer Samsung Electronics expects to double its revenue from Indian market to Rs 200 crore (Rs 2 billion) in the digital imaging portfolio segment in the current year.
The hubs will feed Europe, US and the Gulf.
The company wants to lure customers from semi-urban and rural part of the country.
Apple, returning the offensive, could roll out a smaller, cheaper "iPhone Mini" in 2014.
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.
"We have the potential to reach the No.1 position in numerous categories in a country like India where markets are maturing and the potential for growth is unlimited," said JS Shin, president of Samsung Electronics Southwest Asia, while unveiling its new mobile devices at the company's recent Southwest Asia regional forum.
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.
Describing Supreme Court's direction asking Samsung Electronics Chairman Lee Kun-hee to appear before a Ghaziabad court in a cheating case an "extreme step", Commerce and Industry Minister Anand Sharma on Friday said it would adversely impact investment and business climate.
'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'
US District Court Judge Lucy Koh also denied Samsung's request for a new trial
Apple scored a sweeping legal victory in August at the conclusion of its landmark case against its arch-foe.
Will focus on aggressively expanding its storage offering.
The Samsung device will perform many of the tasks of a smartphone.
Samsung Electronics on Wednesday launched OMNIAHD in India world's first full-touch handset featuring 720P HD video recording, with the largest 9.4 cm AMOLED screen on mobile.
The figures make it the fastest selling smartphone.
South Korea's LG Electronics Inc unveiled a curved smartphone on Monday in a move to catch up bigger rival Samsung Electronics Co.
The chipmaker's Clover Trail+ mobile chip will be used in one version of its 10.1-inch tablet.
Competes with Nokia's Asha range and similar offerings from domestic firms like Micromax and Karbonn.
Digital technology major, Samsung Electronics, strengthened its touch screen mobile phone portfolio by launching three new products Star, Star 3G and BeatDJ in the Indian market recently.
For the first time, the company will use Intel chips.
