Debunking the report, a Samsung India spokesperson said the company is “appalled by the incorrect reporting of company’s financials based on reports by various research agencies”. “The reports covered ...

Samsung’s smartphone shipment to India may fall short of target by 4 million units in 2016, hit by global recall and halt in production of its flagship Note 7 smartphone, research firm CMR today said.

Samsung's total recall of its Note 7 smartphone and the subsequent production halt is likely to hit the company’s revenue in India by about Rs 6,500 crore, according to research firm CMR. CMR said ...

However, following the Note 7 issue, it can earn revenues of Rs 38,989 crore, translating into a growth of 25 per cent in revenues in 2016, it added. The company did not respond to e-mailed queries on ...

While Samsung had unveiled the Galaxy Note 7 in July in India with a price tag of Rs 59,900, it delayed selling of the handset in India after cases of battery exploding while charging were reported in ...

In a report, CMR said Samsung's smartphone shipments to India may fall short of target by 4 million units in 2016, translating into an impact of Rs 6,457 crore in terms of revenues. Research firm CMR ...