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SAURABH BAISHAKHIA
Samsung aims to lead premium washing machine segment, launches AI-powered lineupSamsung India launched a new range of AI-powered washing machines, aiming to dominate the premium segment. The company targets market leade...
Bespoke AI-powered devices to comprise 70% of total sales by FY25: SamsungShifting from product-specific AI to platform-specific AI, consumer electronics brand, Samsung on Wednesday, globally launched a range of ‘...
Samsung launches AI-powered home appliances rangeSamsung India introduces AI-powered home appliances with bespoke AI for smarter living, customization, and energy efficiency in the premium...
Senior level exits peak in consumer companiesIn retail, food and grocery chain Nature’s Basket chief executive officer Avani Davda has put in her papers, thereby moving out months afte...
LG India rejigs roles in senior management to streamline operationsThree senior industry executives said the changes are driven by the company’s new managing director Kim Ki-Wan, who wants to accelerate rev...
LG India becomes aggressive to push sales, may drive rival brands to follow suitLG Electronics has cut prices across products, is offering higher margin to retailers and is computing annual sales bonus to employees as p...
AC makers bet on smaller cities for growth this summerFirms like LG, Voltas, Carrier Midea, Daikin, Blue Star and Panasonic are confident that their sales will grow in double-digits this summer.
LG aims Rs 2,500-crore turnover in AC segmentLG Electronics is eyeing Rs 2,500 crore turnover this year, with a growth of up to 25 per cent in revenue from its air conditioning line up.
- AC makers such as LG, Godrej & Panasonic report 25% fall in sales as dealers in no hurry to stock up
AC makers have reported up to 25% fall in sales from January till this week-a period when cos usually dispatch almost half of their summer ...