Consumer Electronics major Samsung, whose TV sales crossed the Rs 10,000-crore mark in 2024, is looking for a double-digit growth this year driven by premiumisation with increase in the number of large screen size sets and by democratising new age features as AI technology, a company official said. The company now aspires to corner around one-third of the Indian TV market, where the growth is led by the premium segment, which is 55 inches and above screen size, said its Senior Director and Head of VD Business, Viplesh Dang. Though 2024 was not a good year for the TV industry, which witnessed a decline in sales, Samsung, a market leader in the segment, is observing "some green shoots" and expects the overall industry to grow with a low single digit. "We expect the industry to grow in the low digits, but we will outpace the market growth where we are aspiring for a double-digit growth," Dang told PTI. Samsung, which launched a range of ultra-premium series on Wednesday for 2025, is .
Vishnu Prasad, a well-known Malayalam TV actor, died this morning at a private hospital in Kochi at the age of 49. He had been undergoing treatment for liver-related ailments for quite some time
Lahoti added that Trai, in its recent review of the regulations in 2024 for cable TV, critically examined whether certain regulations were truly needed in the industry
Dish TV is focusing on expanding its revenue stream, said Manoj Dobhal
Says nothing is too late in the media and entertainment industry. If you get the content right, the audience will follow
Its series, Panchayat, is one of India's most popular OTT shows. Panchayat's Tamil remake, Thalaivettiyaan Paalayam, released last year, and the Telugu one, Sivarapalli, came last month
Super Plastronics Pvt Ltd (SPPL), a TV and home appliances manufacturing company having licenses of several global brands for the Indian market, targets to cross the mark of one million units of TV sales in 2025, helped by capacity enhancement, expansion of portfolio and increasing presence in offline channels, said director and CEO Avneet Singh Marwah. The Noida-based company, which has a portfolio of global brands including, Thomson, Kodak, Blaupunkt, White-Westinghouse and White-Westinghouse (Trademark of Electrolux), plans to add licensing rights for two more global brands in the Indian market. Besides, it also plans to enter into new categories like refrigerators and expand its play in appliances, including washing machines, coolers, and more. "This year we are closing around 6,00,000 units of TVs, and next year's target is 1 million," Marwah told PTI. The company, known for its affordable range of smart TVs in the Indian market, has a current revenue base of Rs 700 crore. A .
Epack Manufacturing Technologies, which is building a major production facility in Andhra Pradesh for Hisense, expects $1 billion in additional revenue in the next five years from the Hisense partners
5% higher than Chinese, but 8-10% lower than Korean competitors
You could opt for free channels and YouTube, and not pay anything. Dor's search works across apps
Shift in preference for more flexible digital content options reason for fall
The grand finale of filmmaker Rohit Shetty-hosted Khatron Ke Khiladi 14 took place on Sunday. Karan Veer defeated Gashmeer Mahajani and Krishna Shroff in the finale
The deal affords satellite TV subscribers greater choice and flexibility, the companies said in a joint statement
Horror-comedy movie, Munjya, to be released on TV before the OTT platforms. The movie has done phenomenal business at the box office
Reliance Jio has invested $200 million for a 17 per cent stake in Glance and Google along with others, have put in over $145 million
Markets regulator Sebi on Tuesday barred Pradeep Pandya, who was anchoring stock market shows on a television channel, and seven other entities from securities market for five years and imposed a fine of Rs 2.6 crore collectively for indulging in fraudulent trading activities. Apart from Pandya, others banned by Sebi are Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF, Manish V Furiya HUF, Mahan Investment and Toshee Trade. Pandya was the host/co-host of various shows at CNBC Awaaz till August 2021, while Alpesh Furiya appeared on the television channel as a guest/external expert and gave stock recommendations on his Twitter handle. A high correlation was noted between the stock recommendations given by Pradeep Pandya on the show 'Pandya Ka Funda' and the Buy-Today-Sell-Tomorrow trades and intra-day trades executed by Alpesh Furiya and connected entities during the period from November 2019 to January 2021. "Pradeep Pandya, while serving as an anchor for CNBC .
However, Super Plastronics, a Kodak brand licensee, plans to hike prices in the range of 3-5 per cent in June and another 3-5 per cent in July on its televisions
The transaction values Tata Play Ltd. at about $1 billion, the people said. Tata Group took full control of the TV platform after buying the 29.8% stake from Disney
The 55-inch TV category is fast becoming a bigger chunk of the market for the company, recording a growth of 30-35 per cent
Korean consumer electronics major LG will continue to introduce products in the home entertainment segment tailored for India to maintain its leadership position, according to senior company officials. LG Electronics India, which on Wednesday launched 55 AI-enabled television models, expects to grow 25-30 per cent this year in its home entertainment (HE) vertical. India is the most important market globally, a company official said. "There is a growing demand for large screen TVs in India and we are constantly enhancing our portfolio with products like the World's largest 97-inch TV with vibrant picture quality, advanced AI-powered processing technologies...With this new lineup, we aim to further enhance our market leadership in flat panel TV in India," LG Electronics India Managing Director Hong Ju Jeon said. The company plans to enhance its India-specific product lineups. "LG Electronics thinking about the Indian market is not one of the important markets, but it is the most ...