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Tag: Samsung Electronics

  • Reliance Jio raises Rs 4500 crore from K-sure for 4G rollout

    Reliance Jio raises Rs 4500 crore from K-sure for 4G rollout

    MUMBAI: Reliance Jio Infocomm has signed a loan for approximately Rs 4500 crore ($750 million) from the Korea Trade Insurance Corporation (K-sure) for a period of 12 years.

     

    The funds will be used to finance goods and services from Samsung Electronics and Ace Technologies Corp, which are being tapped for its infrastructure rollout.

     

    This is the first facility by K-sure with Reliance Jio and its largest deal in India. However this is also the second facility by K-sure with the Reliance Group, including RIL and Reliance Jio.

     

    This deal also marks the second round of financing for Reliance Jio from Korean export credit agencies (ECAs) and the third overall between the group and Korean ECAs in three years, highlighting growing business with Korean organisations.

     

    The facility is funded by nine relationship banks of Reliance including The Hong kong and Shanghai Banking Corporation (HSBC), Australia and New Zealand Banking Group, Banco Santander SA, The Bank of Tokyo-Mitsubishi UFJ, JPMorgan Chase NA, Mizuho Bank, and Sumitomo Mitsui Banking Corporation, ING Bank and DZ Bank AG.

  • Rajiv Mishra to hold charge of CSR in addition to media in Samsung

    Rajiv Mishra to hold charge of CSR in addition to media in Samsung

    NEW DELHI: Senior journalist Rajiv Mishra, who had joined Samsung Electronics in August as vice president (media) of its south west Asia office in Gurgaon has been given the additional charge of heading the CSR division in India.
     
    Samsung said it lay strong emphasis on corporate social responsibility, which involves extending the company’s legacy of innovation to create value for society by addressing societal needs and challenges. Through the CSR initiatives Samsung hopes to open newer possibilities that positively transform people’s lives.
     
    Speaking about the development, Samsung south west Asia senior vice president H W Bang said: “At present, our CSR programmes focus in the areas of education, culture, sports, social welfare and community development. I am confident that under Rajiv’s leadership, Samsung’s CSR initiatives will cross new milestones.”
     
    Samsung has, over the years, leveraged its legacy of technology innovation through philanthropic initiatives focused on helping communities lead healthier, smarter and more sustainable lives. In addition to skill development among youth, Samsung also places substantial focus on providing underprivileged children a chance at quality education and in helping bridge the digital gap that exists in India.

     
    This is done through Samsung Smart Schools, set up in Jawahar Navodaya Vidyalayas across the length and breadth of the country. The Smart Classes are equipped with an interactive Samsung whiteboard, Samsung laptops for the students, a printer, wi-fi and a power backup since power outages are common. Over 198 Smart Schools have been set up to date in India, benefitting 75,000 secondary class students. Samsung continues to expand the programme based on positive feedback received from the schools on the impact on students learning and attendance.

     
    Before joining Samsung, Mishra had been chief executive officer of Lok Sabha TV for about three years.

     
    Mishra had begun his 21 year long career in media at Hindustan Times before switching over to the electronic media.

     
    He began as manager –programming in Star, then joined as senior manager – corporate in Zee TV, Reliance Infocomm as general manager – corporate affairs, News 24 (BAG Films and Media), as COO and director, India News as COO. He launched Times Now of the Times of India group in USA as India Now while working for CineMaya Media of USA.

     
    Mishra was with Lok Sabha TV as CEO in an official rank and status of additional secretary.

     
    Mishra is also the founder and first president of Association of Radio Operators for India (AROI). AROI is the industry representative body of all FM radio broadcasters/stations of India. He also founded Association of Regional Television Broadcasters of India

  • Maria Sharapova to endorse Samsung Electronics

    Maria Sharapova to endorse Samsung Electronics

    MUMBAI: Tennis diva Maria Sharapova has inked a three-year sponsorship deal with Samsung Electronics covering her native Russia and the Commonwealth of Independent States after her deal with Sony Ericsson expired last year.

    The sponsorship agreement, which includes mobile phones, tablet computers and television sets, may go global next year.

    Sharapova’s manager at IMG Worldwide Max Eisenbud believes Russia is a largely untapped market for tennis, what with Sochi hosting the Olympic Games in 2014.

    “Maria really hasn’t been marketed that much in Russia. It’s important to her because that’s where her roots are. I also felt that was a really untapped market, with the 2014 Sochi Olympics coming up.”

    According to Forbes magazine, the 24-year-old Tennis star earns around $25 million a year in endorsements.

    She endorses a number of brands which include Unilever’s Clear shampoo, US fashion label Cole Haan, French mineral water brand Evian, sports equipment maker Head, American sportswear brand Nike, American jewellery and silverware company Tiffany & Co and Swiss luxury watchmaker Tag Heuer.

  • Bloomberg UTV readies for season 2 of ‘The Pitch’

    Bloomberg UTV readies for season 2 of ‘The Pitch’

    MUMBAI: Bloomberg UTV is gearing up to launch the second season of its business reality show, The Pitch.

    The business news channel is inviting potential entrepreneurs with sound business ideas to send in their entries to win a funding of Rs 50 million to execute their business plan. The last date to submit your entries is 23 October.

    The Pitch aims to identify, evaluate and encourage potential entrepreneurs who not only have the most deserving business ideas, but also possess the critical skills required to execute them successfully. Following the nationwide call-for-entries, a jury comprising renowned professionals will shortlist the participants who will be called to make their elevator pitches in Mumbai. The jury and angel investors will closely evaluate these shortlisted aspirants not only on the merit of their business pitches, but also on their individual brilliance and identify the finalists who will appear on The Pitch.

    Bloomberg UTV business head Deepak Lamba said, “Through this show, BloombergUTV continues to strengthen its commitment to enrich the business news viewing experience. We encourage the spirit of entrepreneurship in the country and the response to Season 1 of the Pitch goes to prove that there is no dearth of ideas in the country. We will not only identify the next big business idea but also the most deserving entrepreneur who has the right balance of all the necessary elements required to succeed out there.”

    During the show the aspirants will face challenges thrown to them by prominent business leaders. Each week on a fresh episode, a new business leader will design and assign tasks to the participants. The tasks will challenge the aspirants on the most critical skills required to be a successful entrepreneur and by eliminating the weakest performer, narrow down to the most competent and deserving aspirant who goes on to receive the funding of up to Rs 50 million from the investors to start their business.

    This season of The Pitch is presented by Samsung Electronics.

  • Samsung Electronics unveils 3 inch VGA resolution LCD for digital cameras

    Samsung Electronics unveils 3 inch VGA resolution LCD for digital cameras

    MUMBAI: Samsung Electronics Co. Ltd., thin-film transistor and liquid crystal display (TFT-LCD) panels provider, has developed the first three-inch LCD panel with VGA (640 x 480 pixels) resolution that directly meets industry interface standards for digital still cameras.

    Samsung Electronics Executive VP Yun Jin-hyuk of said, “Our new LCD panel will make viewing of digital pictures distinctly more impressive on camera screens, personal multi-media players and other products requiring high-image resolution and low-power consumption.”

    Digital camera makers use an interface known as ITU-R601, an international standard for cathode ray tube (CRT) TVs that operates at 30Hz. This standard is incompatible with LCDs, which normally run at 60Hz. Manufacturers have had to reconcile the difference either by compressing the images or by manipulating the signal. However, such approaches will only work with LCDs having a resolution of VGA(320 x 240 pixels) or less. Samsung’s new LCD operates on 30Hz, allowing VGA images to be obtained from a digital camera without having to create another interface, informs an official release.

    The three-inch VGA LCD also incorporates a dot inversion scheme that lowers power consumption while substantially reducing the image flickering that has prevented such an approach in the past. Power consumption is further reduced because the 30Hz source driver requires less power than the 60Hz type, helping to better differentiate mobile display-based products, adds the release.

    Samsung will exhibit its new device at IMID 2006, which opens in Daegu, Korea on 23 August. Samsung will begin commercially producing the new VGA-resolution LCD panel in the first half of 2007.

  • Global hockey body sets up expert panel to enhance profile, TV coverage

    Global hockey body sets up expert panel to enhance profile, TV coverage

    MUMBAI: The International Hockey Federation (FIH) has set up a new advisory panel to assist it in the creation of new events and make decisions on hosting that will improve its television exposure worldwide.

    The broad ambit of the panel, comprising industry experts, is to advise it on how to make the sport more commercially viable and expand television coverage of its events.

    Ten Sports vice president programming Peter Hutton is a member of the panel that includes former Octagon CEO Karl Bistany and the English Cricket Board’s David Collier.

    The first meeting will be at Lords on 14 May, where the group will make initial recommendations to the FIH. Ten Sports hold the television rights for FIH events in the Indian sub-continent and Middle East including the upcoming mens and womens hockey World Cups.

    The panel will also include members of the FIH’s existing marketing and events committees of which Collier is already a member.

    FIH marketing director Steve Morris, who will also feature on the panel, was quoted by Sportcal.com as saying that that the FIH had reviewed its events calendar over the past six months and concluded that its strategy could be improved.

    Sportcal.com further reports that the FIH is in negotiations over the renewal of sponsorship deals with its four global partners – BDO International, Radobank, Sahara India, Samsung Electronics – which expire at the end of 2006.