Real-time Stock quotes, portfolio, LIVE TV and more.
Jan 22, 2013, 10.54 PM IST
If you are a Samsung loyalist, you will be interested in its latest smartphone offering in the Galaxy series, the Grand. It has more or less everything the Galaxy note and Galaxy S3 have but, it's cheaper!
Samsung’s new Galaxy Grand priced at Rs 21,500, the phone boasts of a 4.1.2 android operating system , 1.2 giga hertz dual core processor with 5 inch screen, 8 mega pixel camera, and HD video recording. The phone has pretty much everything you would get in a note or an S3 but at a cheaper rate. Will the company be worried about the grand eating into the sales of the other phones in the Galaxy series is yet to be seen.
Regarding its future plans in India, Samsung is looking to expand its plant in Chennai and manufacture a larger number of phones from the plant. The mobile maker says it has been launching around 44 phones per year and is confident of retaining that pace as well as its no.1 position in the handset market in India despite threat of competition eating into its market share.
Asim Warsi, VP, Samsung mobile says, "We continue to launch several models that Samsung is known to launch every year and is likely to go on. There are plenty of devices coming out from our side from tablets to premium smart phones to smart phone at large to our feature phones."
Samsung's smart proposition and pricing the 'Grand' competitively is one of its strategies to retain its #1 rank. The only negative is a lower screen resolution but at a price of Rs21,500 it is still well positioned to beat its domestic peers specially Micromax.
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy