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LG expects 2 mn AC sales in 2024 on harsher summers; IoT devices to chip in 10% of total sales

LG Electronics India, a wholly owned subsidiary of South Korea-based major LG Electronics Inc, on Monday launched 77 new models of air conditionersNew Delhi: Appliances maker LG Electronics has recorded sales orders of 1 million units for residential air...

Apple tops India smartphone market in revenue share in 2023

Samsung topped the chart in terms of sales volume followed by Vivo with 17 per cent market share in terms of volumeNew Delhi: iPhone maker Apple led India market with highest revenue in 2023 for the first time while...

Import curbs on laptops, tablet will boost local manufacturing: Industry players

The government imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons and to promote domestic manufacturingNew Delhi: The government's decision to impose import restrictions on laptops, tablets and certain types of...

Samsung opens biggest premium experience store in Telangana

The company eyes to increase the share of business from premium products to 60 per cent in the TelanganaNew Delhi: Smartphone major Samsung has opened its biggest premium experience store in Telangana as it eyes to increase the share...

Inorbit Malls launches 12 new brand stores across its four properties in Q4FY23

The new brand stores are from F&B, apparel, eyewear, footwear, and jewellery Mumbai: Leading mall chain Inorbit Malls has launched 12 new brand stores across categories such as F&B, apparel, eyewear, footwear, and jewellery in Q4FY23 across its properties located...

Samsung to invest in smart manufacturing capability, research and development in India

The company will invest in setting up smart manufacturing capabilities at its second-largest mobile phone plant in Noida to make production more competitiveBengaluru: Korean electronics major Samsung will invest in setting up smart manufacturing capabilities at its second largest mobile...

Samsung MENA launches first-ever Roblox ‘Space Cup’ football tournament

Samsung is all set to launch its first-ever Roblox Space Cup in December in the MENA regionNew Delhi: To celebrate the ongoing football fever, Samsung is going to give the MENA region its first-ever Roblox Space Cup tournament in...

Samsung names new executives for business divisions

In line with steps to adopt new leadership amid the absence of heir apparent Lee Jae-yong, Samsung Electronics said on Tuesday that it has named new executives to head its business divisions. Samsung said Kim Ki-nam will head the device...

Samsung eyes 35 per cent market share in refrigerator segment in 2017

Samsung Electronics is targeting to capture 35 per cent market share in the refrigerator segment during the calendar 2017, a company official said. "Our present market share in the fridge segment in 30.7 per cent. We want to take it...

Samsung Electronics mulls creating holding company structure

Samsung Electronics Co. on Tuesday confirmed that it was reviewing the possibility of creating a holding company structure to improve the company's corporate structure and enhance its transparency. "Samsung Electronics has taken steps to simplify its business to concentrate on...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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