
Audio By Carbonatix
Samsung Electronics Co Ltd opened its biggest mobile store in the world in India on Tuesday as it tries to take pole position in the world’s second-biggest smartphone market amid fierce competition from Chinese brands.
The South Korean tech giant’s roughly 33,000 square foot (3,000 square meter) store in the southern tech hub of Bengaluru will help it extend its lead in India over global rival Apple Inc, which has yet to open any flagship stores in the country.
India, which boasts more than a billion wireless connections, presents a lucrative opportunity for smartphone makers to expand beyond China and the United States where growth has slowed.
Samsung opened the world’s biggest smartphone plant outside Indian capital New Delhi just two months ago.
“India is an extremely important market,” Mohandeep Singh, senior vice-president, mobile business at Samsung India told Reuters, adding that the company plans to open more such stores in some of India’s top 10 cities.
“These stores ... will really help us further consolidate our share as we move forward,” Singh said.
The new store will feature Samsung mobile devices but also showcase its consumer electronics products and latest innovations. It will also house a service center for phones.
Samsung has spent “huge” money to lease out the property, Singh said, declining to give specifics.
Samsung, which runs 2,100 stores in India through franchise partners, is facing off against a host of Chinese brands led by Xiaomi Corp.
It has pulled pages from their playbooks to become savvier with online marketing — launching devices aimed at millennials, seeking to reinvent itself as a ‘younger brand’ and finding a new love for cricket with a sponsorship deal.
Samsung also wants to develop the center as a meeting point for startups and venture capitalists, Singh added.
Apple sells its devices in India through reseller stores and online marketplaces and has a meager market share of one percent.
Latest Stories
-
$600m tomato imports undermining Ghana’s economy — Chamber of Agribusiness
32 minutes -
Rainstorm wreaks havoc: Faulty transformers, feeder failures leave parts of 3 regions without power
40 minutes -
CUTS International calls for urgent competition law amid sachet water price hikes
1 hour -
‘I never did this advert’, AI clones hijack Ghanaian identities for profit
2 hours -
25-year-old woman battles trauma after surviving deadly Nkwanta attack
2 hours -
Vice President honoured at Tortsogbeza as South Tongu leaders highlight development needs
2 hours -
Kwahu Business Forum 2026: Corporate citizenship, sustaining African businesses take centre stage with KGL as the case study
3 hours -
Trump seeks $152m to reopen notorious Alcatraz prison
6 hours -
Ex-Chelsea player Oscar retires with heart issue
6 hours -
CA Foundation drives constitutional literacy in Kpone Katamanso municipality
6 hours -
GPRTU to hold talks with Transport Ministry over rising fuel costs
6 hours -
CUTS International urges gov’t to halt sachet water price hike pending cost review
6 hours -
Chief Justice: Efficient Judiciary essential to reducing business costs
6 hours -
Bayern grabs 99th-minute winner to cap superb fightback
6 hours -
Ahmed Ibrahim urges Ghanaians to reflect Easter values in nation-building
6 hours