Tuesday 23 April 2019
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business-standard - 8 days ago

Samsung says it sold 2 mn A series smartphones in 40 days, clocks USD 500 mn in sales

South Korean tech giant Samsung Monday said it has sold two million units of its A series smartphones in 40 days, clocking about USD 500 million (nearly Rs 3,500 crore) in sales. In February, Samsung had said it aimed to garner USD 4 billion (around Rs 28,000 crore) in revenue this year in India from its Galaxy A smartphones range that is aimed at the millennials. The A50, A30 and A10 have received tremendous response from metros and smaller cities. In the last 40 days, we have sold about 2 million units clocking USD 500 million, Samsung India Senior Vice-President and Chief Marketing Officer Ranjivjit Singh told PTI. He added that the company is confident of achieving its USD 4 billion revenue target. Samsung, which is locked in an intense battle for leadership in the hyper-competitive Indian smartphone market with Chinese player Xiaomi, said it will launch three more smartphones in the coming weeks. We are adding the Galaxy A80, A70 and A2 core in the coming weeks. The A2 core ...

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