financetom
Technology
financetom
/
Technology
/
Samsung announces top level organisational rejig in India business
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Samsung announces top level organisational rejig in India business
Dec 29, 2021 12:21 PM

South Korean consumer electronics major Samsung on Wednesday announced top-level organisational changes in India with an aim to generate more synergies amongst its various businesses.

Share Market Live

NSE

The company has appointed CH Choi as the new Division Leader for the Consumer Electronics business while Jinsock Lee will be the Division Leader for the Network business and would be based in Mumbai, according to a statement.

Jongbum Park will continue to be the Division Leader for the Mobile business, it added. "Mohandeep Singh will be new Head, Sales, Marketing & Operations for the Consumer Electronics business while Raju Pullan will be the new Head, Sales & Retail for the Mobile business," the statement said.

Also Read:

Tech firms may offer 60-120% hike in salaries or offers next year: Report

Aditya Babbar will lead Product Marketing for the Mobile business. The move will help "its various businesses and deliver an enriching and meaningful experience for consumers, as the company further expands its footprint in India and takes new strides in innovations driven by future technologies."

Samsung's chief marketing officer Asim Warsi will step down but will continue his association as an advisor with the company. "Asim Warsi will be pursuing a different professional path and in that, he will continue to be engaged with Samsung India," the statement said.

Besides, Samsung is creating three new teams here — India Customer Experience (ICX) and Business Strategy, Direct-To-Customer and Enterprise Business — in order to improve operational synergies and consumer experiences.

Also Read: Raymond incorporates new firm for real estate business Ten X Realty Ltd

Samsung R&D Institute Bangalore Managing Director Dipesh Shah will also head the new ICX and Business Strategy team to create multiple device experience for Indian consumers. The new Direct-To-Customer team will be headed by Sumit Walia, who will also lead the Corporate Marketing team. Enterprise Business team will be headed by Akash Saxenna.

The South Korean tech giant reported a revenue of Rs 75,886.3 crore in FY21. "These changes will help Samsung to continue to serve our consumers and partners in India as we have done in the past 25 years and achieve our vision of Powering Digital India," it said.

In FY21, about 72.65 percent of the revenue came from phones while the remaining came from home appliances, audiovisual, network, software development and export and others.

Also Read: WhatsApp Business users can soon search for nearby hotels, local stores and groceries; check details

(Edited by : Jomy Jos Pullokaran)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple, Epic Games spat is a matter of priority, EU industry chief says
Apple, Epic Games spat is a matter of priority, EU industry chief says
Mar 7, 2024
BRUSSELS, March 7 (Reuters) - EU regulators have been tasked with into looking into the spat between Apple ( AAPL ) and Fortnite video-game maker Epic Games as a matter of priority, EU industry chief Thierry Breton said on Thursday. Under the #DMA, there is no room for threats by gatekeepers to silence developers. I have asked our services to...
Broadcom's first-quarter revenue beats estimates
Broadcom's first-quarter revenue beats estimates
Mar 7, 2024
March 7 (Reuters) - Tech conglomerate Broadcom ( AVGO ) beat market estimates for first-quarter revenue on Thursday, as cloud providers continue to upgrade data centers to support artificial intelligence, helping drive demand for its advanced networking chips. The company reported quarterly net revenue of $11.96 billion. This compares to analysts' average estimate of $11.72 billion, according to LSEG data....
The Analyst Verdict: Palantir Technologies In The Eyes Of 9 Experts
The Analyst Verdict: Palantir Technologies In The Eyes Of 9 Experts
Mar 7, 2024
Across the recent three months, 9 analysts have shared their insights on Palantir Technologies ( PLTR ) , expressing a variety of opinions spanning from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...
The Analyst Verdict: Couchbase In The Eyes Of 14 Experts
The Analyst Verdict: Couchbase In The Eyes Of 14 Experts
Mar 7, 2024
Across the recent three months, 14 analysts have shared their insights on Couchbase ( BASE ) , expressing a variety of opinions spanning from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3...
Copyright 2023-2026 - www.financetom.com All Rights Reserved