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Samsung India Sells 5 mn Galaxy A Phones in Just 70 Days

Samsung continued in the second position with a YoY decline of 4.8 per cent in the first quarter of this year

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The new Samsung S10 phones are displayed Feb. 20, 2019, in San Francisco. Samsung is hailing the 10th anniversary of its first smartphone with three new models that it hopes reverses a sales slump in an industry recycling the same ideas. VOA

Sending a strong message to its Chinese rivals, Samsung on Tuesday said it sold record number (five million) of Galaxy A series phones in just 70 days, starting March 1, achieving $1 billion revenue.

Samsung India has launched six models in the Galaxy A series — Galaxy A50, A30, A20, A10, A70 and A2 Core.

“Our aim is to make Galaxy A series a $4-billion brand in India this year. We are now on track to exceed our target,” Ranjivjit Singh, Chief Marketing Officer and Senior Vice-President, Samsung India, told IANS. “2019 will be a record year for us,” he remarked.

Samsung set itself a target of launching one Galaxy A smartphone every month — beginning March till June.

While the Galaxy A70 was launched in April at Rs 28,990, the South Korean tech giant is now gearing up to unveil Galaxy A80 with a rotating triple camera system and a full-screen display.

“The pre-booking of the Galaxy A80 is likely to start this month, while the phone may be launched early next month,” Singh said, adding a launch date for the phone in India is yet to be finalised.

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Samsung’s ultimate goal is create a smartphone with all of sensors embedded beneath the screen. Pixabay

According to a report by the International Data Corporation (IDC) on Monday, Chinese smartphone maker Xiaomi maintained its leadership position in the Indian smartphone market in the first quarter of 2019, growing 8.1 per cent year-on-year.

Samsung continued in the second position with a YoY decline of 4.8 per cent in the first quarter of this year, the report said.

However, in the premium segment, Samsung regained the top spot after losing out to Chinese smartphone maker OnePlus for three quarters in a row, Counterpoint Research said last week.

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The initial uptake for the Galaxy S10 series drove Samsung to the leadership position in the premium segment, said the market research firm. The company is now upbeat about sales of the galaxy A series and the online-exclusive M-series.

“Among the six Galaxy A phones, the Galaxy A50 is selling much faster than our expectations. We are ramping up supply to meet the increasing demand,” Singh said. (IANS)

Next Story

India Ends all Imports of Iranian Oil, Says Washington Ambassador

Trump last year pulled out of a multinational pact under which Iran drastically scaled back its nuclear work in return for promises of sanctions relief

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FILE - A worker walks atop a tanker wagon to check the freight level at an oil terminal on the outskirts of Kolkata, India. VOA

India has ended all imports of oil from Iran, its ambassador in Washington says, becoming the latest country to grudgingly comply with threatened U.S. sanctions.

India had already sharply decreased its imports from Iran and bought one million tonnes of crude in April, the last month before Washington stepped up its pressure campaign against Tehran and ended all exemptions to sanctions, Ambassador Harsh Vardhan Shringla said. “That’s it. After that, we haven’t imported any,” Shringla told reporters Thursday during a briefing on Prime Minister Narendra Modi’s election victory.

No Venezuela oil, either

Shringla said that energy-hungry India has also ended all imports from Venezuela because it considered itself a partner of the United States. But he said the shift had caused pain at home, with Iran formerly supplying 10 percent of India’s oil needs.

Calling Iran “an extended neighbor” of India with long-standing cultural links, Shringla declined to say whether New Delhi shared President Donald Trump’s concerns about Tehran. “This is an issue that has to be dealt with, really, between the United States and Iran. We are only, in many senses, looking at it as a third party,” Shringla said.

But he added: “We would not like to see a move towards any escalation in any way in that area, for the simple reason that we depend very heavily on stability in that part of the world.”

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FILE – U.S. President Donald Trump speaks to reporters after signing a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington, May 8, 2018. VOA

Trump last year pulled out of a multinational pact under which Iran drastically scaled back its nuclear work in return for promises of sanctions relief.

The Trump administration has instead ramped up economic pressure on Iran and recently deployed military assets, including an aircraft carrier strike group, to the area.
The United States as of May 2 ended exemptions it had given to eight governments from its unilateral order to stop buying Iranian oil.

Turkey stops imports

Turkey, which enjoyed a waiver and vocally disagreed with the U.S. policy, has also stopped importing oil from Iran, a Turkish official said this week. State Department spokeswoman Morgan Ortagus welcomed the news from Turkey.

ALSO READ: India, China, Turkey Silently Purchasing Iran’s Crude Oil as US Ban Begins

“We want the whole world to comply with these sanctions, and we’re grateful for our partners and allies that are respecting them,” she told reporters. The Indian ambassador, however, voiced confidence that U.S. sanctions would not affect its partnership in developing Iran’s Chabahar port.

India wants to use the port to ship supplies into Afghanistan in a detour from its archrival Pakistan, which historically backed the Taliban. “I think it is in the interest of both our countries and all others concerned to ensure that that lifeline continues for the people of Afghanistan,” Shringla said. (VOA)