Appliances including televisions, refrigerators and washing machines are made at the plant, which contributes 20 per cent to 30 per cent of Samsung Electronics' annual revenue of $12 billion in India
Appliances such as televisions, refrigerators and washing machines are made at the plant, which contributes 20% to 30% of Samsung's annual revenue of $12 billion in India
South Korea-based Samsung has instructed subsidiaries worldwide to reduce sales and marketing staff by about 15 per cent and the administrative staff by up to 30 per cent
They put up tents outside the factory in Sriperumbudur near the city of Chennai as they prepared to boycott work
The strike comes after Samsung Electronics' biggest union in South Korea held a four-day strike in August demanding higher wages and bonuses after talks with management fell through
Samsung Crystal 4K Dynamic TV is available in 43-inch and 55-inch screen sizes, and priced at Rs 41,990 onwards
Lee Hyun-kuk, vice president of the National Samsung Electronics Union (NSEU), said in a live YouTube broadcast: "This strike is strategically designed to damage the company."
Brands are offering warranties on washing machines and dishwasher motors for up to 20 years, which are being marketed as 'lifetime' guarantees
The executive's communique reflects frustration over Samsung's missteps in the hot new market of supplying memory chips for Nvidia Corp
During his second visit to India this year, Jong-Hee (JH) Han said the Noida factory has emerged as one of our biggest facilities, which is manufacturing not only for India but also for the world
India is one of the rapidly growing markets globally, and South Korean tech firm Samsung sees huge growth potential in the country, a senior company executive has said. Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics visited the company's Noida factory on Monday. "India is one of the biggest and fastest-growing markets globally and offers a huge opportunity for Samsung. We were among the first companies to invest in India, and I am happy that the Noida factory has emerged as one of our biggest facilities, manufacturing not only for India, but for the world," he said. The company manufactures smartphones, tablets and refrigerators at its facility, for both domestic and global markets. Besides its Noida facility, the company has a manufacturing plant in Sriperumbudur, Tamil Nadu. Han lauded the contributions that Samsung's India-based R&D teams are making in the development of new products and services for the ...
It was not immediately clear if Nvidia would use Samsung's HBM3 chips in its other AI processors or if the chips would have to pass additional tests
The union's call for a general strike sharply escalates a dispute with South Korea's biggest company
The world's largest memory chip and TV maker estimated its operating profit rose to 10.4 trillion won ($7.54 billion) in the quarter ended June 30
The union wants a more transparent system for bonuses and time off, and wants the company to treat it as an equal partner
Priced at Rs 23,990, the Samsung Music Frame is now available for purchase on Samsung India's official website, e-commerce platform Amazon India, and at select offline stores
Consumer electronics brand Samsung has partnered with Paytm parent One97 Communications Ltd to integrate travel and entertainment services to Samsung Wallet in India. Through the partnership, users of Samsung Galaxy smartphones can access Paytm's suite of services, including flight and bus bookings, movie ticket purchases, and event bookings, through the digital wallet. Galaxy users using the Paytm and Paytm Insider app can add their tickets directly to Samsung Wallet using 'Add to Samsung Wallet' functionality, a company statement said on Thursday. "With the Paytm app being the go-to destination for travel and event bookings for millions of Indians, its partnership with Samsung opens new avenues for users to access its services, in line with its efforts to drive further convenience," it said. Samsung Wallet users can avail of the new services by updating their app through the Galaxy Store. "These features allow Galaxy smartphone users to easily purchase bus and airline tickets, a
Meta's Mark Zuckerberg invited Jay Y Lee to his home on Tuesday and their discussions spanned AI as well as virtual and augmented reality, Samsung said in a statement
Though Samsung is the world's No. 1 memory-chip maker, it has been trying to catch up with rival Taiwan Semiconductor Manufacturing Co. in the foundry market
The company made the announcement internally this week, around the same time Apple kicked off a much-anticipated expansion into AI