Samsung launches digital projectors, photo frames - Hindustan Times
close_game
close_game

Samsung launches digital projectors, photo frames

PTI | By, New Delhi
Jul 16, 2008 06:36 PM IST

Korean electronics major Samsung launches digital projectors and photo frames in the domestic market to strengthen its IT peripherals business in the country.

Korean electronics major Samsung on Wednesday launched digital projectors and photo frames in the domestic market in a bid to strengthen its IT peripherals business in the country.

HT Image
HT Image

"Currently, the market for digital photo frames are dominated by the unorganised players who are selling about 1,500-2,000 units per month. With this launch we plan to capture 30-35 per cent of this market," Samsung India Electronics VP-IT Business Sanjay Sharma told reporters in New Delhi.

Hindustan Times - your fastest source for breaking news! Read now.

The Samsung digital photo frame is priced at Rs 9,900.
The company also plans to launch Wi-Fi enabled photo frames by the second quarter of this fiscal which would allow users to share photographs instantly.

The digital projector, in the professional segment, is priced between Rs 2.5 lakh and Rs 5 lakh. The company is also planning to launch digital projectors for the home segment by this year.

"With the Commonwealth Games coming up the demand for digital display products in India is likely to go up," Sharma added.
Besides, the company also plans to ramp up its retail presence and open 10 new retail outlets in next six to eight months, dedicated to its IT products, he said.

Samsung has also launched three new LCD monitor series -- T Monitor, Myst Plus and Lime . The three series which comprises eight new models would be priced between Rs 8,100-Rs 18,000.

Samsung which sold nearly 6 lakh units of LCD monitors last year plans to sell 1.2 million units this year with the launch of the new series.

Currently, the IT peripherals business contributes 18 per cent towards the 1.3 billion dollar revenue of the Samsung India.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On