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Samsung extends lead with LED TVs
Sungyong Hong, president, Samsung Electronics Co, Dubai, talks
about the brand positioning with its new television LED TV
technology to Visvas Paul D Karra
 From
the first black and white TVs to the revolutionary LED technology,
television viewing has come a long way. And contributing to these
developments is Samsung which has been in the forefront of
developing new technologies in the consumer electronics and advanced
technology solutions. No wonder that Samsung has maintained the lead
in the Global TV market riding on strong demand for its TV, LCD TV,
and FPTV product despite economic recession around the globe.
An evolutionary process
“Samsung is committed to developing technology and products that go
beyond current expectations of value, quality and innovation. And we
are excited to be a key part of this exciting point in TV
evolution,” says Sungyong Hong, president, Samsung Electronics Co,
Dubai, during a visit to Oman. Samsung Electronics launched its
entirely new line-up of advanced LED HDTVs in the Sultanate Of Oman,
further bolstering Samsung’s LED range after the resounding success
of the Series 9 LED Backlit LCD television earlier this year. These
LED televisions use LEDs as their primary light source to give
ultra-high contrast ratios as well as slim depths that allow for
more artful designs, plus increased energy savings.
According to Hong, Samsung recorded sales of 10.2 million units of
TV with revenue of $6.73bn in the last quarter of 2008, giving it a
market share of 17.7 per cent and 22.0 per cent respectively
consolidating Samsung’s number one position in the world market.
Despite the challenging market conditions created by global economic
uncertainties, sales of Samsung TVs, particularly LCD sets have
continued to show good growth in the Middle East and Africa. This
increasing demand reflects consumer preference for Samsung’s high
quality and innovative product in the region. Samsung will look to
gain further consumer trust with the launch of its 2009 TV range,
highlights include ultra slim LED LCD TVs incorporating the latest
backlighting technology that are setting new benchmarks in picture
quality around the globe, Hong points out.
Samsung Electronics Co is recognised as one of the fastest growing
global brands and a leading producer of digital TVs, memory chips,
mobile phones and TFT-LCDs. It has extended its leadership in the
Middle East market as well by becoming the only company that
increased its revenue share from the previous year up to 31 per cent
among the top four players in the Middle East and African market.
Hong attributes this to strong growth in the LCD TV market with a 36
per cent of unit share (10th in a row) and 31 per cent of revenue
share.
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June - 2009 |
| Cover
Story |
Truly 'Going Green'
While most people would relate ‘Going Green’ to planting of more trees
and increasing the level of greenery around ones home and neighbourhood,
corporate Oman is taking the concept to a much deeper level with
initiatives like carbon capture, conservation of energy and water,
controlling waste management and recycling. Malcolm Xavier Crasta and
Visvas Paul D Karra give a first-hand accountalk |
Renewable Energy – On a roll
The development of renewable energy is an ongoing process and
although it may
not be viable today, it may soon become relevant for Oman due to
newer technologies,
writes Visvas Paul D Karra |
Petroleum Development Oman:
A Planet-Friendly Mindset Takes Over
A look at how Petroleum Development Oman is contributing to
environment preservation |
| Other
Headlines |
An indelible stamp
Our Guest Editor H E
Anil Wadhwa surprised us with his hands-on approach and
quick-wit understanding of the editorial process |
A class act
The OER Top 20 Debate and Awards gave a ringside view on the State of
the Sultanate's Economy and rewarded the best performing listed
companies. An OER report |
Steady progress
H E Ahmed bin Abdulnabi Macki, the Minister for National Economy
shares his thoughts on bilateral relations, the economic crisis and
Oman’s response in an exclusive interview with our guest editor, H E
Anil Wadhwa |
‘Disruption is in our
DNA’
Ramzi
Raad, Chairman and CEO, TBWA\RAAD talks about the impact of global
economic slowdown on the advertising industry and his agency's
partnership with the ZEENAH Group in an exclusive conversation with
Akshay Bhatnagar |
The Life of an Icon
We were recently given the opportunity to drive three of the
very best models that Rolls-Royce had to offer. But rather than
review the car we decided to take a look at its roots and find
out how the company came to be. Malcolm Xavier Crasta tells the
tale |
Trust is the key
Rohit
Walia – Executive Vice Chairman and CEO, Bank Sarasin-Alpen and
Alpen Capital, Dubai replies to a set of questions sent out by our
guest editor, H E Anil Wadhwa
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Malaysia: A business
hub
Malaysia is a fast growing, modern and progressive nation. It
is one of the most developed economies in South East Asia and
enjoys strong socio-economic and political stability. A
multi-racial and multi-cultural population gives it cultural
diversity
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The Future of Investing:
Riddle, Mystery Or Enigma?
Investing has always been a game of navigating uncertainty and the
only anti-dote to that is a disciplined research-led investment
process with continual adjustments or rebalancing as the macro
situation evolves |
Incredible India: the
traveller's paradise
A
roadshow was held in Muscat recently to promote the ‘Visit India
2009’ campaign, put together by the travel industry in association
with Government of India. Visvas Paul D Karra travels to Mumbai,
Delhi and Agra for this exclusive report |
Private Ties
The demand for health services is set to escalate
considerably as Oman’s population grows larger. Aware of this
the government of Oman is welcoming private participation in the
healthcare industry, offering various incentives such as soft
loans and, in some cases, free land to medical entrepreneurs |
Kuwait embraces socio-economic change
The recent elections in Kuwait has come as a shot in the arm
for a government looking at taking on the financial crisis with
an economic stimulus package the election of four women MP's
adds to the country's image |
Samsung extends lead with LED TVs
Sungyong Hong, president, Samsung Electronics Co, Dubai, talks
about the brand positioning with its new television LED TV
technology to Visvas Paul D Karra |
Office Workout
If you have trouble
staying fit at work, these office exercises are a great way to
keep your body moving right at your desk. Raksha D’Souza checks
them out |
What next in the Bond Market?
While the markets are now optimistic about risk, the realities of
the world economy still do not justify unbridled optimism, given
this scenario it may be prudent to invest in government debt on any
dip |
Simple pleasures
Mohammed Al Hassani, Corporate
Communications manager, BankMuscat surprises one with his simplicity
and down-to-earth demeanour. Raksha D Souza and Visvas Paul D Karra
meet him for a tete-a-tete |
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Is a downturn a good
opportunity for start-ups? |
| Regulars |
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