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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 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 Achieves $10 Billion Revenue In India

Samsung hits record $10 billion revenue milestone in India

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Samsung offers the best tablets in India. Pixabay

Samsung India has become the first smartphone and consumer electronics company to achieve $10 billion in revenues in the country, according to the latest regulatory filings made to Registrar of Companies (RoC). The milestone comes at a time when Sʌmsung is heading into its 25th year of operations in India.

The South Korean technology giant, also the world’s biggest maker of smartphones, reported a revenue of Rs 73,086 crore in 2018-19 on the back of solid performance across its smartphones and consumer durable divisions, according to RoC data.

Sʌmsung India posted a 20 per cent jump in revenue in FY19, doubling its growth rate of 10 per cent achieved during FY18.

According to RoC filing, Sʌmsung India’s revenue in FY18 stood at Rs 61,066 crore.

Samsung Phone
Samsung offers latest mobile phones, smart phones, tablets, smartwatches and other mobile devices. Pixabay

Samsung India’s smartphone division contributed a major chunk to the overall revenues, with mobile phone sales amounting to Rs 43,087 crore or nearly 60 per cent of overall revenue.

Samsung India’s TV as well as home appliances divisions also performed with double digit sales growth, according to RoC documents.

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Samsung entered the Indian market in 1995 and currently operates the world’s biggest mobile manufacturing unit at its Noida facility. It has another factory in Tamil Nadu.

The South Korean giant has five R&D and one design centres in the country. Samsung is also one of the biggest employers in the country with over 70,000 employees. (IANS)