The move is significant as it comes after the government backtracked on its plan to impose Customs duty on those pricier components from February 1
Samsung Electronics warned investors last week to expect weak operating profits, citing 'unfavourable market conditions' for displays and memory chips
The government's offer of reducing customs duty on key components will not suffice
Rival manufacturer LG is due to launch its V50 ThinQ, another 5G phone, in South Korea later this month
While Samsung has been adding more products according to consumer demand, it also feels it has delivered on the innovation front for better value to consumer
The reviewers' reports of broken screens went viral online and prompted the creation of hashtag #foldgate on Twitter
The companies had to pass on the benefits to customers after the government reduced GST to 18 per cent from 28 per cent, and to 5 per cent from 12 per cent on many products
After almost a week with the Galaxy Fold, Samsung's effort feels like a concept device, not a finished product
Samsung has said it plans to make at least 1 million Fold handsets in the first year, versus the total 300 million phones it produces annually on average
Samsung 8K QLED is the first real indicator of how TVs of the future will be giant and thin, blend in with the aesthetics and closely emulate reality in picture and sound
As more and more Indian consumers buy into health and wellness as a lifestyle choice, Fitbit, GOQii, Titan, Samsung, Xiaomi look to set the rules of the game
Interestingly, the sales spurt has not been restricted to just the metros, as smaller cities such as Hubli, Jabalpur, Raipur, Ranchi, Kochi and Nagpur too have posted robust numbers
The electronics giant has 20,000 employees in India and several under-performers and those not delivering targeted results in their teams were reported to have been asked to leave
Drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut
The suit, which if successful could result in multi-million dollar fines, centres on more than 300 advertisements in which Samsung showed its Galaxy phones being used underwater in pools and the sea
Germany's largest lender said on Sunday it will scrap its global equities unit and cut some fixed-income operations in a retreat from a long-held ambition to make its struggling investment bank
The sector has been pressing the government for a reduction in the goods and services tax
Adani bought the resource in Australia's Galilee Basin in 2010 as Indian companies rushed for overseas energy supplies amid forecasts of booming demand
After power & airport, monetisation of road, other assets on cards
Jio executives say FTTH is a one-time investment and future-proof