Samsung expects monsoon to bring strong growth from rural area in 2nd half
Smartphone major Samsung expects normal monsoon will fuel high demand in rural areas and bring in strong business growth in the second half of this year, a senior company official said on Tuesday.
Samsung India Senior Vice President for Mobile Business Raju Pullan said that the company is not only seeing growth coming from the urban market but it is also coming from the tier 1, 2, and also rural markets.
"We are seeing very strong consumerism and very strong demand for consumption in the rural area. As IMD (India Meteorological Department) states that the monsoon in India will be as per expectation because of this we are expecting a very good second half as well.
"We are preparing for a very strong second half and (Galaxy) F54 5G is seeding to a very strong growth in the second half of this year," Pullan said.
He was speaking after the launch of the 10th 5G smartphone, Galaxy F54, which it will sell through Flipkart, the Samsung website, and at select retail stores at an introducto