Search: Look for:   Last 1 Month   Last 6 Months   All time

Samsung aims at 50 percent share of India's handset market

West Bengal,Business/Economy,Science/Tech, Fri, 30 Nov 2012 IANS

Kolkata, Nov 30 (IANS) South Korean consumer electronics giant Samsung is aiming to capture 50 percent market share in value terms of India's overall mobile phone market by 2013, a top executive of the company said here Friday.

Currently, the electronics major enjoys 40 percent share of the country's Rs.45,000-crore handset market.

"Next year, we will like to have 50 percent market share in overall mobile phone market, including smartphones and feature phones," Samsung Mobile vice president Asim Warsi told reporters after inaugurating the company's first Premium Brand Store in the city.

Warsi said he expected India's handset market to grow by over 10 percent in value terms next year.

He said Samsung was aiming to continuously grow its smartphone business in India.

Samsung, which is the market leader in smartphone segment, now has close to 48 percent market share by value.

Warsi said that the company would like to garner at least 60 percent of the smartphone market by 2013.

He said the company would open 20 brand shops by next year. It currently has three such stores.

--Indo-Asian News service

mdg/sog/vt


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.