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imported samsung is a pain for indian samsung

by:Dolight LED Panel     2019-09-22
In the local flat-screen TV market, Samsung vs Sony.
In the local flat-screen TV market, Samsung vs Sony.
Parallel imports from neighboring countries, the gray market, worry consumer electronics manufacturers.
Including Samsung, LG, Sony, Panasonic and Toshiba.
The way it works, small-
Time importers get these goods, evade customs duties and sell them in India without necessary taxes.
Industry officials say about 800,000 flat-screen televisions are imported into the gray market every year.
Due to the growing popularity of flat-screen TVs, including LCD and LED, the problem has recently become more serious, said R Zutshi, former chairman of the consumer electronics and electrical appliance manufacturers association of industry institutions (CEAMA)
Deputy general manager of Samsung India.
\"We estimate that parallel imports of flat-screen TVs will account for 10% to 15% of the Indian flat-screen TV market,\" he said . \".
The tablet TV market is locked in 3.
There were 7 million units last year and are expected to grow to 5-5.
Consumer upgrades to 2 million units this year
End the model, says Zutshi.
However, the growth in parallel imports of flat-screen TVs from countries such as Thailand, Malaysia and Singapore is affecting domestic revenue.
CEAMA may discuss this with the joint IT department.
Toshiba AB Mohanty, head of business at Toshiba India\'s consumer products division, said that it is difficult to assess the impact or cause of such parallel imports because television manufacturers in India offer the same technology and high
Launch products simultaneously with the international market in India.
LG Electronics India said it did not want to comment because parallel imports had no significant impact on its revenue.
However, for Samsung, a South Korean counterpart, gray-market sales continue to affect the business at a time when negotiating profits with trade channels is challenging.
According to media reports, Samsung has cut profits from large electronics retailers by 3-8%.
However, the company did not comment on this specific issue.
Samsung recently received a court ban banning retailers from selling printers imported from different countries without authorization.
In its proceedings against the three defendants, the company argued that parallel imports created the possibility of consumer confusion and brought the risk of dilution of the Samsung trademark, as well as the goodwill and reputation of Samsung\'s authorized distribution channels
In the past, gray market distributors have also purchased Samsung\'s discounted goods from some markets and shipped them to other markets where there are legal channel distribution agreements.
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