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Samsung India To Launch Galaxy ‘M’ Series in January

Samsung India is also set to launch other interesting products across domains early in 2019 to maintain its leading position in the country

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Samsung, speaker
Samsung files new patent application for 3D displays.

Giving the New Year a head-start to capture the market, Samsung India has geared up to launch a new Galaxy ‘M’ series with three smartphones in January 2019.

Reliable industry sources told IANS on Wednesday that the India launch will mark the global debut of Galaxy ‘M’ series.

According to the dealers, the “world’s first” new smartphone series is being launched with industry-first features.

Earlier, three devices under ‘M’ series — M10, M20 and M30 — were spotted on cross-platform processor benchmark Geekbench.

Samsung
Samsung India to launch 3 Galaxy ‘M’ phones in January.

Galaxy M30 may be powered by an Exynos 7885 chip with 4GB RAM, read the listing.

Galaxy ‘M’ series comes on the heel of Galaxy A7 and A9 — Samsung’s first triple and quad-rear camera devices.

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In 2018, Samsung’s flagship devices — Galaxy S9, S9+ and Galaxy Note9 — became bestsellers, while Galaxy ‘J’ series continue to rule the mid-price segment, according to industry experts.

Samsung India is also set to launch other interesting products across domains early in 2019 to maintain its leading position in the country. (IANS)

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Samsung India to Hire More Talent Across Verticals

In the premium segment, Samsung India saw a massive jump in the first quarter of 2019, clocking 68.9 per cent market share (by volume) and 65.9 per cent (by value), riding on the success of Galaxy S10 series

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To get ahead in the fast-changing tech industry, Samsung said it will expand investment in burgeoning tech segments to propel growth. Wikimedia Commons

Samsung India on Tuesday said that after generating 2,000 new jobs in the past one year, the south Korean giant would hire more talent across verticals throughout the year as it “continuously realigns resources” as per business priorities.

Reacting to a media report that said Samsung is slashing 1,000 jobs in India in the face of stiff competition from Chinese companies, the South Korean tech giant said the report is “misleading”.

“As we contribute to job creation, we continuously realign resources as per business priorities to make our business more robust and efficient for long-term success,” a Samsung spokesperson told IANS.

Samsung’s profit growth has remained under strain since 2017-19 with Chinese companies such as Xiaomi and OnePlus eating into its share in the India smartphone business.

The company’s net profit in the 2018 financial year fell 10.7 per cent to Rs 3,712 crore while total income grew at a similar pace to Rs 61,065 crore, said the report in a leading business daily that cited disclosures with the Registrar of Companies (RoC).

In the TV market too in which Samsung continues to to be the largest player, Chinese companies have started making inroads.

Samsung, however, stressed that its business in India continues to grow and expand.

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DJ Koh, president and CEO of IT and Mobile Communications, holds up the new Samsung Galaxy Fold smartphone during an event, Feb. 20, 2019, in San Francisco. VOA

“We have demonstrated our commitment by building the world’s largest mobile factory in Noida, investing in local R&D and we are exploring new businesses such as 5G Network, among others,” said the spokesperson.

“In the past one year, we have generated 2,000 new jobs at Samsung. Samsung India’s business continues to grow and expand, hence we will hire more talent across businesses through the year,” the spokesperson added.

The company said on Monday that the Indian market is expected to give the company a big opportunity to improve its 5G presence and it would launch 5G in India once telecom operators are ready to work with it.

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In the Indian smartphone market, Samsung has launched two successful series — ‘M’ and ‘A’ — this year. It sold a record five million units of Galaxy “A series” phones in just 70 days, starting March 1, achieving $1 billion revenue.

The company has so far launched six models in the Galaxy A series — Galaxy A50, A30, A20, A10, A70 and A2 Core — and aims to make Galaxy A series a $4-billion brand in India this year.

In the premium segment, Samsung India saw a massive jump in the first quarter of 2019, clocking 68.9 per cent market share (by volume) and 65.9 per cent (by value), riding on the success of Galaxy S10 series. (IANS)