CMR IMPACT ANALYSIS: GALAXY NOTE 7 DEBACLE MAY HIT SAMSUNG'S SMARTPHONE SHIPMENTS TARGET BY 14%, REVENUES BY RS 6,500 CR IN INDIA

摘要

While Samsung had unveiled the Galaxy Note 7 in July in India with a price tag of Rs 59,900, it delayed selling the handset in India after cases of the battery exploding while charging were reported in various countries. The device was to be made available in the Indian market from September. "This translates to Rs 6,457 crore in terms of revenues for the company. According to the projected growth, Samsung was expected to touch revenues of Rs 45,446 cr in CY2016, an increase of 46 per cent compared to the previous calendar year," CMR said in a report.