Tag: samsung india

Samsung to Begin Laptop Manufacturing at Noida Plant Later This Year: Report

Samsung plans to start manufacturing laptops at its facility in Noida later this year, according to a top company executive. The South Korean tech conglomerate already manufactures its smartphones in the country — these are sold domestically as well as exported — and is already making preparations to begin assembling laptops here. Samsung currently produces its laptops in China and Vietnam, and the laptop models that it plans to produce here are expected to be sold in the Indian market.

TM Roh, Samsung’s Mobile Division President, stated at a media briefing (via Mint) on Monday that the company is preparing to manufacture its laptops in the country. “Noida is a very important production base for Samsung. It is the second largest base for Samsung. There may be some changes at the plant to optimize it as per the global demand but what remains unchanged is the fact that it is an important base for us,” he said.

Last September, it was reported that Samsung was preparing to produce its laptops in the country a month later, at its Noida facility. While it appears those plans were delayed, the company has now confirmed that it will produce its laptops in India.

The government placed restrictions on the import of laptops in August 2023, as part of its efforts to boost domestic manufacturing. Apple, HP, and Samsung halted laptop imports at the time, after which the government granted firms a three-month period before the licensing regime for laptop imports came into effect.

However, before the three-month period was up, the government reversed its decision and said it would not impose the licensing requirement on imports of laptops and computers. At the time, the government said it would only monitor inbound shipments of these laptops.

Last May, the government announced the PLI 2.0 scheme for IT hardware with an outlay of Rs. 17,000 crore. India reportedly imported computers and laptops worth $7.37 billion (roughly Rs. 61,300 crore) in 2021-22, which fell to $5.33 billion (roughly Rs. 44,300 crore) in 2022-23.

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Samsung Galaxy S24 Series to Be Manufactured in Noida Facility for Sale in India and Export

Samsung unveiled the Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra at its Galaxy Unpacked event in the US earlier this week. During the launch event, the South Korean conglomerate announced that the latest Galaxy S24 series will be manufactured at its factory in Noida, Uttar Pradesh for both domestic sales as well as exports. Apple is already selling India-built iPhone 15 models in the country and other parts of the world. Google is also following in the footsteps of Apple to produce some units of its latest Pixel 8 series smartphones in India starting this year.

J B Park, President and CEO of Samsung India, during a briefing at the Galaxy Unpacked event on Wednesday (January 17) that Gadgets 360 attended, confirmed that the latest Galaxy S24 series will be made in India. The company will use its manufacturing facility in Noida for the production of Galaxy S24, Galaxy S24+, and Galaxy S4 Ultra to cater for the requirements of both domestic and global markets.

“At Samsung, we are proud to be driving premiumisation in India. I am positive that India will be at the forefront of embracing the AI revolution by operating Galaxy S24,” he said.

Samsung already meets the majority of the domestic demand in India through local manufacturing at the Noida factory. Last year’s Galaxy S23 series was manufactured at the same facility.

Besides Samsung, Apple is selling its iPhone 15 models manufactured in India locally and in other parts of the world. Google will also start manufacturing its flagship Pixel 8 lineup in India later this year.

Samsung’s new Galaxy S24 is priced at Rs. 79,999 for the base 8GB + 256GB storage variant. The Galaxy S24+ pricing starts at Rs. 99,999, while the Galaxy S24 Ultra has a starting price tag of Rs. 1,29,999. They are currently available for pre-order in India and will go on sale starting January 31.

This year’s Galaxy S24 series comes bundled with inbuilt AI features dubbed as ‘Galaxy AI’. All three phones run on Android 14-based One UI 6.1 and boast Dynamic AMOLED 2X displays with up to 120Hz refresh rate. The Galaxy S24 packs 8GB of RAM, while the top-end Galaxy S24+ and Galaxy S24 Ultra offer 12GB of RAM. The Galaxy S24 Ultra is powered by a custom Snapdragon 8 Gen 3 SoC for Galaxy chipset. All three phones have IP68-rated dust and water-resistant build.

Samsung’s Galaxy S23 series of smartphones was launched earlier this week and the South Korean firm’s high-end handsets have seen a few upgrades across all three models. What about the increase in pricing? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Samsung Galaxy Z Flip 5, Samsung Galaxy Z Fold 5 India Sale Date Confirmed: Price, Specifications

Samsung Galaxy Z Flip 5 and Galaxy Z Fold 5 will go on sale in India next week, around three weeks after the company unveiled its latest foldable handsets at its second Galaxy Unpacked launch event of the year. These phones are powered by Qualcomm’s custom Snapdragon 8 Gen 2 Mobile Platform for Galaxy, and feature a new Flex Hinge. Compared to last year’s model, the Galaxy Z Flip 5 is equipped with a much larger outer screen, similar to its closest rival — the Motorola Razr 40 Ultra.

Samsung Galaxy Z Flip 5, Galaxy Z Fold 5 price in India, availability

Samsung Galaxy Z Flip 5 price in India is set at Rs. 99,999 for the base model with 256GB of storage, while the 512GB storage variant is priced at Rs. 1,09,999. Both models come with 12GB of RAM. The clamshell foldable phone is sold in Cream, Graphite, Lavender, and Mint colour options. Samsung’s website will also sell the phone in additional Blue, Gray, and Green colourways.

On the other hand, the Samsung Galaxy Z Fold 5 is priced at Rs. 1,54,999 for the model with 256GB of storage while the 512GB and 1TB storage variants cost Rs. 1,64,999 and Rs. 1,84,999, respectively. This foldable phone is sold in Cream, Icy Blue, and Phantom, Black colour options, while the 1TB storage model will only be available in an Icy Blue colourway. It will also be available in a Platinum colour option via the company’s website. 

Both Galaxy Z Fold 5 and Galaxy Z Flip 5 will go on sale in India on August 18, Samsung announced in a prepared statement on Friday.

Samsung Galaxy Z Flip 5, Galaxy Z Fold 5 specifications

The recently launched Samsung Galaxy Z Flip 5 sports a 6.7-inch full-HD+ (1,080×2,640 pixels) Dynamic AMOLED 2X Infinity Flex display and a 3.4-inch Super AMOLED folder-shaped outer screen that is much larger than its predecessor that was launched last year. Meanwhile, the Samsung Galaxy Z Fold 5 is equipped with a 7.6-inch QXGA+ (2,176 x 1,812 pixels) Dynamic AMOLED 2X Infinity Flex inner screen and the cover screen has a 6.2-inch full-HD+ (2,316 x 904 pixels) Dynamic AMOLED 2X panel.

These foldable phones run on One UI 5.1.1 based on Android 13. They are powered by a custom Snapdragon 8 Gen 2 Mobile Platform for Galaxy from Qualcomm, paired with 8GB of RAM (Galaxy Z Flip 5) and 12GB of RAM (Galaxy Z Fold 5). The clamshell phone features up to 512GB of inbuilt storage, while the larger model comes with up to 1TB of onboard storage.

On the Galaxy Z Flip 5, you get two 12-megapixel rear camera sensors and a 10-megapixel selfie camera. Meanwhile, the Galaxy Z Fold 5 features a triple rear camera setup with a 50-megapixel primary camera, a 12-megapixel ultra-wide-angle camera, and a 10-megapixel telephoto camera. The handset also features a 10-megapixel selfie camera on the outer screen and a 4-megapixel under-display camera on the inner display.

Both of Samsung’s latest phones have an IPX8 rating for water resistance, just like last year’s models. The Samsung Galaxy Z Flip 5 packs a 3,700mAh battery, while the Galaxy Z Fold 5 has a 4,400mAh battery. Both phones support 25W wired charging along with Fast Wireless Charging 2.0 and Wireless PowerShare, according to the South Korean smartphone maker.

Samsung launched the Galaxy Z Fold 5 and Galaxy Z Flip 5 alongside the Galaxy Tab S9 series and Galaxy Watch 6 series at its first Galaxy Unpacked event in South Korea. We discuss the company’s new devices and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Samsung India Records 1 Lakh Pre-Bookings for Galaxy Z Flip 5, Z Fold 5

Samsung secured pre-bookings for 1 lakh units of its fifth generation of ultra-premium foldable devices, Galaxy Z Flip 5 and Z Fold 5, in the first 28 hours of the launch of bookings in India, the company said on Thursday.

As compared to the fourth generation foldables (Galaxy Z Flip 4 and Z Fold 4), Samsung received 1.7 times more pre-bookings for Galaxy Z Flip 5 and Z Fold 5 during the first 28 hours, Samsung said in a statement.

The company launched the devices on July 26 and their pre-bookings were opened on July 27, 2023. The “Made in India” devices are scheduled to go on sale from August 18.

“We are delighted with the overwhelming response for our newly-launched Galaxy Z Flip 5 and Galaxy Z Fold 5 phones in India. The success of Galaxy Z Flip 5 and Galaxy Z Fold 5 shows that Indian consumers are highly sensitive to new innovations.

“I am confident that our new devices will help the mainstreaming of foldables, and help us consolidate our leadership in India,” Samsung Southwest Asia, President and CEO, JB Park said.

The Galaxy Fold 5 is priced between Rs. 1,54,000 lakh and Rs. 1,85,000 lakh apiece depending on the internal storage capacity which ranges from 256GB to 1TB. Samsung Galaxy Flip 5 will be available in the price range of Rs. 99,999 and Rs. 1,09,999 apiece.

According to market research and analysis firm Techarc estimates, foldable (including flip) smartphones will contribute over 1.8 percent of the total smartphone revenues for 2023. The estimate implies over 6.35 lakh foldable smartphones will be sold in India during the year which will be less than 0.5 percent of the total sales by volume estimated for the period. 

Samsung launched the Galaxy Z Fold 5 and Galaxy Z Flip 5 alongside the Galaxy Tab S9 series and Galaxy Watch 6 series at its first Galaxy Unpacked event in South Korea. We discuss the company’s new devices and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Samsung Opens Premium Experience Store in Telangana, Plans to Expand Business

Smartphone major Samsung has opened its biggest premium experience store in Telangana as it eyes to increase the share of business from premium products to 60 percent in the state, the company said on Wednesday.

Spread over 3,500 square feet, it is at par in terms of Samsung’s premium experience store in Delhi.

“We are excited to bring the next-gen Premium Experience Store to our consumers in Hyderabad. Our aim is to connect the diverse local community with the best of Samsung technology. We have tailored unique experiences through zones such as Samsung SmartThings, Gaming and Bespoke DIY Customisation, designed especially for Gen Z consumers,” Samsung India, Senior Director, Sumit Walia said in a statement.

Samsung has the biggest Premium Experience Store in Bengaluru, spread over an area of around 33,000 square feet.

The company has plans to set up a total of 15 premium experience stores across the country by December as it aims to enhance the share of revenue from premium products in the overall business.

“In 2023, Samsung aims to take premium contribution in the Telangana state to 60 percent and in Hyderabad city to 70 percent,” Samsung India, Head of Exclusive Brand Shops, Rahul Singh said.

Samsung has 56 brand stores in Telangana.

The contribution of premium products at Samsung exclusive stores in Telangana and Hyderabad city is 50 and 65 percent, respectively, Singh said.

“In 2022, we saw strong growth of 30 percent across our brand stores in Telangana. We expect to grow in excess of 30 percent in the state on the back of the launch of this new Premium Experience Store, and the upcoming festival season,” he said. 

Samsung Galaxy A34 5G was recently launched by the company in India alongside the more expensive Galaxy A54 5G smartphone. How does this phone fare against the Nothing Phone 1 and the iQoo Neo 7? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Samsung India Sells Smartphones Worth Rs. 14,400 Crore During Festive Season

Samsung India sold mobile phones worth Rs. 14,400 crore between September and October and recorded 99 percent growth in the premium category smartphones in the first three quarters of 2022, a senior company official said on Friday.

Samsung India senior director and head of product marketing Aditya Babbar told PTI that the company recorded a 178 percent jump in sales in value terms of 5G smartphones between January and September 2022 on a year-over-year basis.

“Samsung had a record festive season this year. This was an outstanding performance on account of great revenue which we posted of Rs. 14,400 crore in a 60-day period starting September 1,” he said.

Without disclosing the exact percentage, Babbar said that the growth was in the healthy double-digit compared to sales during the festive period last year.

He said that Samsung Finance Plus was one of the key contributors to the growth and the transaction on the platform tripled to over 10 lakh during the festive season.

“The growth has been much better in tier 2 and 3 towns but it has done phenomenally well in urban centres as well,” Babbar said.

The company recorded 99 percent growth in value terms in the premium segment smartphones priced above Rs. 30,000 apiece in January-September 2022 compared to the same period last year.

“Samsung is the fastest growing premium segment brand in India on the back of S22 and Foldables phones. Our growth has been 99 percent in Rs. 30,000 plus category versus January-September last year,” Babbar said.

According to Counterpoint Research’s latest report, Samsung was the second largest smartphone seller in India with an 18 percent market share in terms of volume in the July-September quarter and remained the top-selling smartphone in the country.

The company claims that its overall mobile phone business grew by 20 percent and has a 22 percent revenue market share in the first nine months of 2022.

“We have also been the number 1 brand in terms of value since 2013. Consumers are adopting more 5G and premium phones. We are at the forefront of the democratisation of 5G with a Rs. 10,900 device. We have 20 devices which are enabled with 5G. We are number 1 in the 5G brand for the last four quarters,” Babbar said.

He also said that the company will be rolling out software updates across all 5G devices by November 15 and most of the devices have already started supporting 5G services. 

 

Buying an affordable 5G smartphone today usually means you will end up paying a “5G tax”. What does that mean for those looking to get access to 5G networks as soon as they launch? Find out on this week’s episode. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Samsung India’s Revenue Up 10 Percent in FY22, Highest in Last 5 Years: Tofler

Samsung India Electronics’ profit after tax for FY22 fell 4.86 percent to Rs. 3,844.40 crore, while its revenue from operations went up 8.65 percent to Rs. 82,451.60 crore, said data accessed by business intelligence platform Tofler. 

The electronic major had reported a PAT (profit after tax) of Rs. 4,040.80 crore and its revenue from operations was at Rs. 75,886.30 crore for the financial year that ended on March 31, 2021.

Samsung India‘s EBITDA (Earnings before interest, taxes, depreciation, and amortisation) was almost flat at Rs. 7,081.80 crore in the latest FY22 as against Rs. 7,093.40 crore.

Its other income was up 77.89 percent to Rs. 2,873.20 crore for the financial year that ended on March 31, 2022.

Samsung India’s total revenue was up 10.09 percent to Rs. 85,324.80 crore in FY22 as against Rs. 77,501.40 crore a year ago.

This is the highest one in the last five years, according to the Tofler data.

Samsung India’s total revenue in FY18 was at Rs. 61,065.60 crore and Rs. 73,085.90 crore in FY19. It was at Rs. 78,651.20 crore in FY20.

Total expenses of Samsung India were at Rs. 79,758.90 crore for fiscal 2021-22, up 10.93 percent, as against Rs. 71,899 crore.

A reply from Samsung India could not be ascertained till the time of filing of the story.

Samsung India Electronics receives its major revenue from the mobile phone business.

Part of South Korean chaebol Samsung Electronics, it also operates in segments such as audiovisual, home appliances, network and software development in India market. 

 

 

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