Samsung's sales up 35% in Southwest Asia in 2012

Last Updated: Friday, March 1, 2013 - 22:38

Hyderabad: Samsung Electronics Co tripled its growth rate over the past three years in the Southwest Asia region and achieved more than 35 percent sales growth in 2012, according to a senior official of the company.

"In 2012, Samsung achieved sales of USD 200 billion. In Southwest Asia, the company tripled its growth rate over the past three years and achieved more than 35 percent sales growth in 2012," the Samsung official said.

"It also retained its number one position in categories like flat panel TV, smartphones, tablets and colour monitors," the official added.

Addressing a press conference, B D Park, president and CEO, Samsung Southwest Asia said, "The company's relentless innovation and discovery are the two key principles of our business and these are driving our goal to enable consumers to discover a world of possibilities with technology."

"We work in a dynamic region and consumers today are looking for technology that will not complicate their life style, but enrich and empower them," Park added.

Samsung on Friday unveiled new products and services at its Southwest Asia Forum 2013 here.

The products that were unveiled today include F8000 LED TV, 85S9 an 85-inch ultra high definition TV galaxy Note 510 among others.

PTI

First Published: Friday, March 1, 2013 - 22:38

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