The Videocon Operations is spread across many different sectors and businesses. They are as follows: a) Consumer Electronics and Home Appliances:
Videocon Industries Limited manufactures, assembles and distributes many variants of consumer electronics and home appliances. Flat panel displays, refrigerators with advanced cooling system, washing machines and air conditioners; glass shell panels and funnels, compressors and motors.
Since the popularity of Korean companies increased in the Indian market, Videocon has become a no 3 player in India. The company is doing well only in the washing machine and refrigerator segment when compared to other products in consumer electronics space.
b) Mobile Handsets:
In November …show more content…
In 2008 Videocon acquired a 10% Participating Interest from Anadarko in Rovuma Area1 in Mozambique Offshore Exploration & Production Sharing Contract;
In 2009 Videocon acquired a 12.5% Participating Interest from Anadarko in Nunukan Block Acreage in Indonesia.
f) Real Estate:
Over the past 25 years, Videocon has acquired a large and high quality land bank. The focus is on developing a 4.0 million square foot IT Park in Kolkata, which will also house a couple of hotels and some high-end shopping and dining options. In addition, the Group is developing a number of first-class business hotels, to be operated by Hilton International. Currently the construction of Hilton Garden Inns is going on in Salt Lake – Kolkata and Gachibowli – …show more content…
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Samsung Electronics is found in Suwon, Korea in 1969. It has grown into a global information technology leader, managing more than 200 subsidiaries around the world.
The company’s manufactures and sells home appliances such as TVs, monitors, printers, refrigerators, washing machines and mobile telecommunications products (smartphones and tablets).
Samsung is a leading provider of Consumer Electronics, IT and Telecom products in the Indian market. Samsung Electronics started its operations in India in December 1995. Samsung India is the Regional Headquarters for Samsung’s South West Asia operations, which provides employment to over 8,000 employees with around 6,000 employees being involved in R&D. In 2010, Samsung India achieved a sales turnover of US$3.5 billion.
Samsung began operations in India through its manufacturing complex located at Noida (UP), which today houses facilities for Colour Televisions (including 3D, LED and LCD Televisions), Mobile Phones, Refrigerators, Washing Machines and Split Air Conditioners categories. Samsung commenced operations of its second state–of-the-art manufacturing complex at Sriperumbudur, Tamil Nadu in November 2007. Sriperumbudur facility manufactures Colour televisions, Fully Automatic Front Loading Washing Machines, Refrigerators and Split Air