Samsung India goals to promote M-series smartphones price $1 billion this yr

Electronics main Samsung India is focusing on to promote Galaxy M-series smartphones price USD 1 billion this yr, a senior firm official mentioned on Thursday.

Aditya Babbar, Senior Director and Head of Product Advertising and marketing, Samsung India, informed PTI that the primary half of the yr has been excellent for the corporate, with a year-on-year development of over 20 per cent in worth phrases.

“We have now 42 million joyful M-series clients since 2019. We have now very aggressive plans for the yr. We have now focused US$1 billion coming from the M-series this yr,” he added.

He was talking on the launch of two new M-series smartphones – Galaxy M13 and Galaxy M13 5G.

The M13 5G with 6GB inside reminiscence and 128GB exterior reminiscence is priced at Rs 15,999, whereas the opposite mannequin with 4GB inside reminiscence and 64GB exterior reminiscence prices Rs 13,999.

The exterior storage will be expanded as much as 1 terabyte (TB) within the M13 collection smartphones.

The corporate has priced two variants of Galaxy M13 at Rs 13,999 and Rs 11,999.

In line with Counterpoint Analysis, between January and Could 2022, Samsung’s whole worth market share elevated from 20 % recorded in the identical interval a yr in the past to 22.6 %.

In line with Counterpoint, Samsung market share for smartphones priced between Rs 10,000 to Rs 40,000 per unit has jumped to 26.9 per cent from 21.4 per cent through the year-ago interval.

(Solely the title and picture of this report could have been reworked by Enterprise Customary employees; the remainder of the content material is generated mechanically from a syndicated feed.)

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