[ad_1]
Samsung on Thursday said it is confident that the trend of consumers moving towards premium products as well as focus on 5G phones will continue to drive strong revenue growth for the company this year.
The comment comes at a time when the overall consumer demand for smartphones remains weak. Basis this, there is a pile up of inventory across channels, thereby leading to weak shipments to dealers/retailers for the smartphone companies.
“We will be cautiously optimistic on the shipment numbers, but we are very optimistic on the overall revenue growth,” Raju Pullan, senior vice president of mobile business at Samsung India
While Pullan did not share any growth targets, he added, “we will be sensitive to driving category growths by premiumisation across price points. It’s a huge operating market
In FY23, Samsung’s revenue from mobile phone business was at Rs 70,292 crore, a growth of 27% year-on-year. In FY24, the company is expected to see another strong revenue growth, according to analysts. One of the reasons for that is an increase in average selling price (ASP) of smartphones, especially owing to an increase in share of the premium segment smartphones (above Rs 30,000).
According to market analyst firm IDC, the overall ASP for the mobile phone industry hit a record of $255 (around Rs 20,000), up 14% YoY in 2023. Samsung, which is the market leader with an 18% market share, touched a record high smartphone ASP of $338 (Rs 27,000) in 2023.
“We are available at every price point. This helps to upgrade the consumer. We have seen consumers move directly to 4G and even 5G from 2G as well, and that’s at the back of affordability,” Pullan said.
Currently, 5G phones contribute about 61% of the overall smartphone portfolio of Samsung, which is higher than the industry average of 52%. “We will have segment leaders in every category and that will be led by our 5G first approach,” Pullan said, adding that consumers are upgrading because of flagship features and technology
On Thursday, Samsung launched Galaxy A35 5G and A55 5G phones with multiple memory variants starting Rs 27,999, and going up to Rs 42,999. Among key features, the company added AI-enhanced camera capabilities, and Samsung Knox Vault- which is a feature offering protection against software and hardware attacks. With the launch, the company has about 20 smartphone models active in the market.
Currently, Samsung has a 31% market share in terms of volume, in the Rs 30,000-50,000 segment.
When asked about any increase in smartphone prices owing to increase in memory chip prices, Pullan said, “we will be cognizant of the changing market environment. We will provide value to the consumer as we’ve always focused on affordability. So these variable environments don’t make a difference to consumers who would like affordable tech,” Pullan said.
According to Counterpoint, India’s smartphone shipments remained flat in 2023 at 152 million units. The first half of the year was challenging due to ongoing macroeconomic turbulence leading to low demand and an inventory build-up. The market started recovering in the second half of the year supported by 5G upgrades and better-than-expected festive sales, according to analysts. 5G smartphone shipment share crossed 52% in 2023, with a 66% year-on-year growth.
[ad_2]
Source link
mexican border pharmacies shipping to usa: cmq pharma mexican pharmacy – mexican mail order pharmacies
mexican pharmaceuticals online: mexican border pharmacies shipping to usa – mexican rx online
http://foruspharma.com/# mexican rx online
mexican pharmacy mexican mail order pharmacies mexican online pharmacies prescription drugs
pharmacy website india: buy medicines online in india – Online medicine order
mexican pharmaceuticals online: mexican mail order pharmacies – mexican mail order pharmacies
cross border pharmacy canada [url=http://canadapharmast.com/#]canada drugs online[/url] best canadian pharmacy online
http://foruspharma.com/# mexican rx online
canadian online pharmacy: escrow pharmacy canada – online pharmacy canada
best india pharmacy: reputable indian pharmacies – mail order pharmacy india
https://canadapharmast.online/# legal to buy prescription drugs from canada
online shopping pharmacy india: buy medicines online in india – indianpharmacy com
http://doxycyclinedelivery.pro/# price of doxycycline
https://amoxildelivery.pro/# amoxicillin 500mg price in canada
https://amoxildelivery.pro/# order amoxicillin online uk
п»їpaxlovid [url=http://paxloviddelivery.pro/#]paxlovid generic[/url] paxlovid price
https://doxycyclinedelivery.pro/# cheapest doxycycline 100mg
http://clomiddelivery.pro/# generic clomid without dr prescription
https://ciprodelivery.pro/# buy ciprofloxacin over the counter
https://paxloviddelivery.pro/# paxlovid price
http://ciprodelivery.pro/# where can i buy cipro online
paxlovid india [url=https://paxloviddelivery.pro/#]buy paxlovid online[/url] paxlovid covid
https://doxycyclinedelivery.pro/# doxycycline hyclate 100 mg cap
https://doxycyclinedelivery.pro/# doxycycline uk pharmacy
http://amoxildelivery.pro/# amoxicillin 800 mg price
п»їcipro generic: ciprofloxacin 500 mg tablet price – buy ciprofloxacin over the counter
https://mexicandeliverypharma.online/# mexico pharmacies prescription drugs
mexico pharmacies prescription drugs: mexican drugstore online – medication from mexico pharmacy
buying prescription drugs in mexico online: pharmacies in mexico that ship to usa – mexico drug stores pharmacies
best online pharmacies in mexico mexican rx online mexico pharmacies prescription drugs
reputable mexican pharmacies online: medicine in mexico pharmacies – buying prescription drugs in mexico
mexican rx online: mexican pharmaceuticals online – best online pharmacies in mexico
https://mexicandeliverypharma.com/# mexican online pharmacies prescription drugs
medication from mexico pharmacy pharmacies in mexico that ship to usa mexican rx online
mexican pharmaceuticals online: buying from online mexican pharmacy – medication from mexico pharmacy
mexico pharmacy [url=https://mexicandeliverypharma.online/#]mexican mail order pharmacies[/url] mexican pharmaceuticals online
https://mexicandeliverypharma.com/# buying prescription drugs in mexico
medicine in mexico pharmacies: mexican drugstore online – mexico drug stores pharmacies
mexican rx online: best online pharmacies in mexico – medication from mexico pharmacy
mexican pharmaceuticals online: best online pharmacies in mexico – mexico drug stores pharmacies
buying prescription drugs in mexico online: pharmacies in mexico that ship to usa – mexico drug stores pharmacies
mexican pharmaceuticals online: buying prescription drugs in mexico online – pharmacies in mexico that ship to usa
mexico drug stores pharmacies: buying from online mexican pharmacy – medication from mexico pharmacy
https://mexicandeliverypharma.online/# purple pharmacy mexico price list
mexican mail order pharmacies mexico drug stores pharmacies medicine in mexico pharmacies
п»їbest mexican online pharmacies: medication from mexico pharmacy – mexican rx online
mexican mail order pharmacies: mexican border pharmacies shipping to usa – medication from mexico pharmacy
purple pharmacy mexico price list mexican online pharmacies prescription drugs mexican border pharmacies shipping to usa
medicine in mexico pharmacies: buying prescription drugs in mexico – medication from mexico pharmacy
mexican rx online: buying from online mexican pharmacy – mexico drug stores pharmacies
mexican mail order pharmacies: medication from mexico pharmacy – medicine in mexico pharmacies
buying from online mexican pharmacy п»їbest mexican online pharmacies mexican drugstore online
mexican online pharmacies prescription drugs: buying from online mexican pharmacy – purple pharmacy mexico price list
purple pharmacy mexico price list: pharmacies in mexico that ship to usa – pharmacies in mexico that ship to usa
medication from mexico pharmacy: mexico drug stores pharmacies – mexican drugstore online
mexican rx online [url=https://mexicandeliverypharma.online/#]п»їbest mexican online pharmacies[/url] buying prescription drugs in mexico online
mexican mail order pharmacies: mexican drugstore online – п»їbest mexican online pharmacies
best online pharmacies in mexico: mexican drugstore online – mexican drugstore online
reputable mexican pharmacies online mexican mail order pharmacies п»їbest mexican online pharmacies
reputable mexican pharmacies online: medicine in mexico pharmacies – mexican mail order pharmacies
reputable mexican pharmacies online: mexico pharmacies prescription drugs – mexican drugstore online
mexican pharmacy mexico drug stores pharmacies medicine in mexico pharmacies
buying prescription drugs in mexico online: mexican online pharmacies prescription drugs – buying prescription drugs in mexico
mexico pharmacies prescription drugs: buying prescription drugs in mexico online – п»їbest mexican online pharmacies
mexican pharmaceuticals online: mexican border pharmacies shipping to usa – medication from mexico pharmacy
buying prescription drugs in mexico mexican border pharmacies shipping to usa mexican online pharmacies prescription drugs
mexico drug stores pharmacies: medicine in mexico pharmacies – reputable mexican pharmacies online
buying prescription drugs in mexico online: reputable mexican pharmacies online – medicine in mexico pharmacies
mexican online pharmacies prescription drugs: purple pharmacy mexico price list – mexico pharmacies prescription drugs
medication from mexico pharmacy buying from online mexican pharmacy mexican border pharmacies shipping to usa
buying prescription drugs in mexico: best online pharmacies in mexico – buying from online mexican pharmacy
pharmacies in mexico that ship to usa: reputable mexican pharmacies online – mexican pharmaceuticals online
mexican pharmacy mexican mail order pharmacies best online pharmacies in mexico
mexico pharmacies prescription drugs: buying from online mexican pharmacy – purple pharmacy mexico price list
medicine in mexico pharmacies: best online pharmacies in mexico – mexican border pharmacies shipping to usa
mexican drugstore online: п»їbest mexican online pharmacies – mexico drug stores pharmacies
medicine in mexico pharmacies: mexico drug stores pharmacies – mexican online pharmacies prescription drugs
mexican pharmaceuticals online: mexico pharmacies prescription drugs – mexican rx online
medication from mexico pharmacy: reputable mexican pharmacies online – buying prescription drugs in mexico online
buying from online mexican pharmacy: mexican pharmaceuticals online – buying prescription drugs in mexico
buy generic propecia without insurance: cost of generic propecia without insurance – propecia tablets
https://cytotecbestprice.pro/# п»їcytotec pills online
https://nolvadexbestprice.pro/# nolvadex steroids
zithromax 500 without prescription: zithromax over the counter canada – zithromax antibiotic without prescription
http://zithromaxbestprice.pro/# zithromax 250 mg pill
http://cytotecbestprice.pro/# cytotec online
buy generic propecia pill: buy generic propecia without insurance – buying propecia price
https://cytotecbestprice.pro/# order cytotec online
https://zithromaxbestprice.pro/# zithromax for sale usa
buy cytotec pills: buy cytotec – п»їcytotec pills online
prednisone 2.5 tablet: prednisone for sale without a prescription – where to buy prednisone in australia
https://propeciabestprice.pro/# get cheap propecia without a prescription
tamoxifen mechanism of action: tamoxifen alternatives – tamoxifen cost
generic propecia without a prescription: cost cheap propecia without dr prescription – order cheap propecia without prescription
how much is zithromax 250 mg: where can i get zithromax – zithromax pill
https://cytotecbestprice.pro/# buy cytotec over the counter
prednisone best price: prednisone 5mg coupon – cost of prednisone 10mg tablets
buy cytotec online: buy cytotec over the counter – buy cytotec pills
top farmacia online: Farmacia online piu conveniente – farmacia online
kamagra senza ricetta in farmacia: viagra senza ricetta – viagra online in 2 giorni
viagra 100 mg prezzo in farmacia: viagra farmacia – alternativa al viagra senza ricetta in farmacia
viagra naturale: viagra farmacia – gel per erezione in farmacia
farmacie online sicure: comprare farmaci online all’estero – acquistare farmaci senza ricetta
Farmacia online piГ№ conveniente: Avanafil a cosa serve – п»їFarmacia online migliore
viagra vs cialis: Buy Viagra online in USA – viagra cost
http://sildenafil.llc/# buy viagra generic
buy viagra generic: Cheap Viagra online – how does viagra work
http://sildenafil.llc/# viagra price
viagra without a doctor prescription usa: buy sildenafil online usa – viagra without a doctor prescription usa
cheap genieric cialis: Generic Cialis without a doctor prescription – where can i buy cialis 20mg
http://tadalafil.auction/# when should you take cialis
reputable mexican pharmacies online: Mexico pharmacy online – medication from mexico pharmacy
https://mexicopharmacy.win/# pharmacies in mexico that ship to usa
http://mexicopharmacy.win/# mexican mail order pharmacies
erectile dysfunction online
http://edpillpharmacy.store/# pills for erectile dysfunction online
ed prescriptions online
purple pharmacy mexico price list: Best online Mexican pharmacy – pharmacies in mexico that ship to usa
https://edpillpharmacy.store/# buy erectile dysfunction pills
http://edpillpharmacy.store/# cheapest online ed treatment
ed pills for sale
mexican online pharmacies prescription drugs: Medicines Mexico – mexican online pharmacies prescription drugs
http://edpillpharmacy.store/# buy ed medication
indian pharmacy paypal: indian pharmacies safe – top 10 pharmacies in india
http://mexicopharmacy.win/# buying prescription drugs in mexico online
http://indiapharmacy.shop/# india online pharmacy
https://edpillpharmacy.store/# ed medications online
http://edpillpharmacy.store/# online ed medicine
http://edpillpharmacy.store/# cheapest ed medication
https://edpillpharmacy.store/# ed rx online
http://mexicopharmacy.win/# mexico drug stores pharmacies
Cytotec 200mcg price http://tamoxifen.bid/# tamoxifen men
lasix side effects
http://cytotec.pro/# buy cytotec over the counter
buy cytotec pills online cheap Misoprostol price in pharmacy buy cytotec
Cytotec 200mcg price https://tamoxifen.bid/# tamoxifen mechanism of action
lasix medication
does tamoxifen make you tired tamoxifen men nolvadex estrogen blocker
http://furosemide.win/# lasix 100 mg
purchase cytotec https://tamoxifen.bid/# buy nolvadex online
furosemide 100 mg
http://tamoxifen.bid/# how does tamoxifen work
cytotec abortion pill https://tamoxifen.bid/# does tamoxifen cause menopause
furosemide 100 mg
buy cytotec over the counter Misoprostol price in pharmacy п»їcytotec pills online
zestoretic 10 12.5 mg: buy lisinopril – zestoretic 10 mg
https://lipitor.guru/# lipitor pfizer
Abortion pills online https://cytotec.pro/# cytotec pills buy online
furosemida
order cytotec online: cytotec best price – buy cytotec over the counter
http://lipitor.guru/# where to buy lipitor
lipitor 4 mg: buy lipitor 20mg – lipitor 10mg price comparison
buy cytotec in usa http://lisinopril.guru/# cost for generic lisinopril
lasix 100 mg
cytotec buy online usa: cheapest cytotec – purchase cytotec
https://cytotec.pro/# cytotec abortion pill
buy cytotec over the counter https://tamoxifen.bid/# tamoxifen benefits
lasix furosemide 40 mg
https://easyrxindia.com/# Online medicine home delivery
https://mexstarpharma.com/# reputable mexican pharmacies online
https://easyrxcanada.online/# www canadianonlinepharmacy
https://easyrxcanada.com/# canadian drugs pharmacy
http://easyrxcanada.com/# pharmacy com canada
https://mexstarpharma.com/# mexican mail order pharmacies
http://mexstarpharma.com/# purple pharmacy mexico price list
https://mexstarpharma.com/# mexican drugstore online
https://easyrxindia.shop/# best india pharmacy
bahis siteleri: bahis siteleri – bahis siteleri
en iyi slot siteler: en cok kazandiran slot siteleri – 2024 en iyi slot siteleri
en yeni slot siteleri: en yeni slot siteleri – casino slot siteleri
yeni slot siteleri: deneme bonusu veren slot siteleri – 2024 en iyi slot siteleri
http://denemebonusuverensiteler.win/# bahis siteleri
en iyi slot siteler: deneme bonusu veren siteler – en guvenilir slot siteleri
https://sweetbonanza.network/# pragmatic play sweet bonanza
deneme veren slot siteleri: deneme bonusu veren siteler – deneme bonusu veren siteler
http://sweetbonanza.network/# sweet bonanza kazanma saatleri
deneme bonusu veren siteler: slot oyun siteleri – slot casino siteleri
http://slotsiteleri.bid/# deneme bonusu veren siteler
http://1win.directory/# 1вин сайт
pin up casino: pin up казино – пин ап казино
vavada online casino vavada казино вавада
1win официальный сайт: 1win вход – 1вин
https://1xbet.contact/# 1xbet скачать
1win официальный сайт: 1вин официальный сайт – 1win зеркало
http://vavada.auction/# vavada casino
pin up casino: пин ап вход – pin up казино
вавада рабочее зеркало: vavada casino – вавада казино
https://vavada.auction/# вавада рабочее зеркало
vavada: вавада – вавада
https://vavada.auction/# vavada casino
1win: 1вин сайт – 1вин