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India to now ‘make for the world,’ watch Samsung this Diwali: CEO DJ Koh (Lead)

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6 years ago

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Gurugram, Aug 22 (IANS) Hellbent on preparing India to “make for the world”, DJ Koh, President and CEO of IT and Mobile Communications Division, Samsung Electronics, said here on Wednesday that the company is once again refreshing its mid-price segment smartphones with flagship premium features for the upcoming festive quarter.

According to Koh, the fourth quarter (October-December) in India, which is a key market for the company, will see some exciting launches that will completely alter the course of the mid-segment market — a space that is currently flooded with Chinese variants.

“Since February this year, I have changed my strategy for the Indian market as the competition got tough and terrain harsh. We dominated in some areas while struggle in some during the course.

“You will see devices coming from us in the mid-segment space with flagship features and functionalities that will delight our customers in India,” Koh announced during a media round-table after unveiling Samsung Galaxy Note 9 here — his first flagship launch in the country.

Note 9 is being manufactured at the world’s largest mobile factory by Samsung in Noida. “India is already making smartphones for the country. Now we are pushing India to make for the world,” Koh noted.

Samsung is currently making 67 million smartphones in India. With the new 35-acre plant, it is expected to manufacture nearly 120 million mobile phones.

Not just smartphones, Koh said the company is going to offer a wide range of smart devices for its evolving Indian fans.

“I am building a complete ecosystem of smart devices for the millennials in India. We are not concerned about the sales numbers but focus on creating a trust bond with our customers and partners in the country where we are the leader for years,” Koh emphasised.

Samsung dominated the premium smartphone segment in India in the first half of 2018 with almost half the market share, said a CyberMedia Research (CMR) report last week.

Samsung (48 per cent) was followed by Chinese smartphone player OnePlus, which grabbed the second spot with 25 per cent share, and Apple with 22 per cent share. One in two premium smartphones shipped in the first half of 2018 was a Samsung device.

“Unlike others, Samsung is a full-range player and offers a complete range of devices. We have more to offer across the segment than any other vendor. This momentum will continue for the Indian market for the rest of the year,” said Asim Warsi, Senior Vice President, Mobile Business, Samsung India.

Samsung made a comeback to the top in the overall Indian smartphone market and surpassed Xiaomi with 29 per cent share in the second quarter of 2018, said a recent Counterpoint Research report, adding that the refreshed Galaxy J series helped the South Korean giant achieve the leading position.

“With the Note series, Samsung has managed to lock in a user base which are hooked onto the flagship experience revolving around S Pen, which acts a focal point. Additionally, Note 9 can help Samsung target enterprise users and it is a significant upgrade over previous Note 8,” Tarun Pathak, Associate Director at Counterpoint, told IANS.

Samsung India sold over 20 lakh units of Galaxy J8 and J6 mid-segment smartphones in India, attracting nearly 50,000 consumers a day, the company said in July. Galaxy J6 was launched on May 22 while Galaxy J8 was introduced on July 1.

“Our philosophy of keeping our ears to the ground and incorporating consumer feedback into our products paid off,” Warsi added.

According to Anshul Gupta, Research Director at Gartner, Galaxy Note 9 pushes further Note series with some innovative features and enhancements. “This device will drive loyal Note users to upgrade and raise brand visibility,” Gupta told IANS.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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3 months ago

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September 3, 2024

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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