Samsung Galaxy Z Fold 4 PTA Tax October 2023 pakobserver.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakobserver.net Daily Mail and Mail on Sunday newspapers.
Overall foldable shipments grew 141 per cent (year-on-year) in India till August this year, a report has shown, as the overall foldable market os set to grow at a CAGR of 56 per cent to reach 6.3 million units by 2027.For the 2023-2024 period, .
Samsung Electronics is close to achieving annual revenue of ₹1 lakh crore in India, according to recent regulatory filings. The company s total income in 2022-23 reached ₹98,924 crore, with sales growing by 16% compared to the previous year. Despite a decline in the overall market, Samsung s mobile phone business generated revenue of ₹70,292 crore, surpassing Hindustan Unilever and ITC. The company s success has been attributed to its premium smartphone models, financing scheme, and focus on the mid-segment.
Samsung India s sales grew by 16% in FY23 compared to the year before, but net profit fell to Rs 3,452 crore from Rs 3,844 crore in 2021-22. This is when demand for smartphones, televisions and household appliances nosedived since the second half of last fiscal due to macroeconomic headwinds.