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.
Samsung is losing the race in India's premium smartphone market as rival Apple continues to increase its dominance in the segment, driven by robust iPhone sales and festival season discounts. Shortly after Apple CEO Tim Cook announced an all-time revenue record in India yet again for the September quarter, the company recorded its best-ever quarter of shipments at four million units in the third quarter of calendar year 2024 (Q3CY24), led by the iPhone 15 and iPhone 13, according to a report by the International Data Corporation (IDC).
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.
Labour Minister Mansukh Mandaviya urges state government 'to intervene for an early and amicable resolution for maintaining a positive manufacturing sector ecosystem'.
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.
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.
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.
Employees were told to return to work from Monday onwards for a fresh start for improved production.
'Samsung declared they would not allow the presence of any trade union.' 'This is unacceptable as the rule of law in India permits employees to have a trade union.' 'So, the crux of the strike is this.'
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.
Samsung has introduced a fresh lineup of advanced gaming screens in India, designed to enhance gameplay with high-end visuals, cutting-edge features, and a glasses-free 3D viewing experience.
Samsung, the leading technology company from South Korea, has commenced the global release of its eagerly awaited OneUI 7 update, built on Android 15.
Samsung has unveiled its highly-anticipated Galaxy Tab S10 FE series, raising the bar once again with regard to performance, productivity and immersive entertainment, at a starting price of Rs 42,999.
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.
Samsung's cost-effective 5G Galaxy F06 is packed with a few wonderful features.
Samsung's cost-effective 5G Galaxy F06 is packed with a few wonderful features.
Samsung introduced its latest M-series smartphone, the Galaxy M56 5G, in the Indian market. The company emphasised that the device features a sleek 7.2mm profile, making it 30 per cent thinner compared to the model that came before it.
Amazon's latest Prime Day sale event broke records with over 18,000 orders per minute - a 50 per cent jump from 2024. Nearly 70 per cent of new memberships came from Tier-III cities.
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.
Samsung has launched the Galaxy S25 series, comprising the Galaxy S25, S25+ and the flagship Galaxy S25 Ultra.
Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.
The Samsung Galaxy F16 5G is a budget-friendly smartphone packed with future-proof features, offering six generations of Android upgrades.
The Harrier EV is the first mainstream EV in India to offer a dual-motor, all-wheel-drive (AWD) which the company has termed as QWD, The Quad Wheel Drive, reports Rajesh Karkera.
If you're on the lookout to buy a new AC, there's no time like now when it comes to choices. Top brands like Samsung, Voltas, Lloyd, Whirlpool, and Carrier are offering discounts of up to 48 per cent.
Counterpoint Research estimates that Xiaomi will end CY23 with a volume market share in CY23 to 15 per cent, pushing the Chinese company, which has faced numerous challenges and scrutiny from investigative agencies, to the third place.
Looking for the perfect blend of style and technology plus fitness? From advanced health tracking to long battery life, these smartwatches cater to every mood or need.
Get ready for Samsung Galaxy S25 Slim. It may be launched in the second quarter of 2025.
Samsung unveiled its first extended reality headset, which is codenamed Project Moohan
The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final land allocation for the HCL-Foxconn chip joint venture Vama Sundari.
In FY22-23, Samsung exported $4.09 billion smartphones from India -- an increase of 42 per cent over 2021, when it was $2.8 billion -- accounting for 35 per cent of all smartphone exports.
Smart devices maker Samsung continued to lead the smartphone market in the country for the fourth consecutive quarter in July-September with a 17.2 per cent market share, market research firm Counterpoint said on Wednesday. Shipments of iPhone maker Apple crossed 2.5 million units in the reported quarter thereby registering an all-time high in a quarter, according to the Counterpoint's Monthly India Smartphone Tracker report. "Samsung maintained its leading position for the fourth consecutive quarter with a 17.2 per cent share driven by the success of its A and M series.
Rising demand for premium devices, led by Apple and Samsung, is expected to increase India's smartphone market size to over $50 billion (about Rs 428,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. The Indian smartphone market size was estimated at $37.9 billion (about Rs 3.25 lakh crore) in 2021, according to the research firm.
Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. The factory, which will come up at Oragadam in neighbouring Kancheepuram district, is expected to generate 5,000 jobs in the region, the state government said.
Whoever can make acquiring smartphones more affordable will win the sales game.
The subscriber count made JioHotstar one of the largest OTT platforms in the world.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
With Chinese companies Huawei and ZTE excluded from participating in the 5G roll out, their absence leaves a vacuum in the market which will have to be filled by three vendors: Ericsson, Nokia and Samsung.
Smartphone supplies in India grew by 6 per cent to 4.6 crore in the July-September quarter with Vivo leading the chart and iQoo clocking the highest growth rate among top 10 brands, a report by market research firm IDC said on Wednesday. The market was dominated by Chinese players, with leading brands cornering around 72 per cent market share during the quarter. "The Indian smartphone market grew for the fifth consecutive quarter.
The launch price of Galaxy S23 series in India is in the range of Rs 75,000 to Rs 1.55 lakh per piece. At present, Galaxy S Series smartphones are being manufactured at Samsung's Vietnam factory and the company imports them for sale in India.
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