Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

South Korean electronics giant wows Istanbul forum  Join our daily free Newsletter

MENAFN - Arab News - 21/03/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093495403%26title%3dSouth-Korean-electronics-giant-wows-Istanbul-forum%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093495403%26title%3dSouth-Korean-electronics-giant-wows-Istanbul-forum%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Arab News) South Korea's leading electronics giant is making waves on the Bosporus with the launch of Samsung Forum 2012 in this historic Turkish city. Istanbul Deputy Gov. Kazim Tekin inaugurated the forum at the Halic Congress Center.

Samsung is showcasing a diverse array of its many cutting-edge products.

South Korean Ambassador to Turkey Lee Sangkyu described the launching of new Samsung products at the Turkish forum as significant. "This forum not only showcases how new technology from Samsung is reshaping our world, but also indicates the direction of business cooperation between South Korea and Turkey," he said.

"Thanks to the strategic partnership between our two nations, trade, cultural and tourism ties will benefit greatly from close political and military ties," he said. "The volume of the two-way trade between our countries reached 5.9 billion," said Sangkyu.

About the Samsung Forum 2012, which runs until March 22, Sangkyu said: "We live in a world of endless competition ... The competition is particularly fierce among technology companies ... We see frequently how one technology leader winks for one moment and ignores the demands of the customers, and the next moment it is left far behind ... It is then taken over by its competitor."

Kyung Tae Bae, Samsung president for the Middle East & North Africa, said Samsung continues to set the bar in innovation worldwide, combining groundbreaking features with unrivaled performance and design to create products that match and anticipate consumers' needs and desires. Pushing the boundaries of content, design, connectivity and control, Samsung's new products and services continue to help consumers live a smarter connected life.

In 2011, Samsung Electronics achieved sales of 143 billion. Despite the turbulent times, in the Middle East and North Africa alone the company achieved a growth of 44 percent.

Samsung also launched a worldwide CSR platform. Samsung Hope for Children is supporting this initiative in 12 countries within the MENA region.

Park Jae Cheon, general manager, Samsung, Saudi Arabia, told Arab News that Saudi Arabia is one of the largest and leading countries in the GCC for Samsung. "Saudi Arabia is one of the strategic countries in MENA area for Samsung," he said, adding that dealers and partners have been invited to the forum to introduce Samsung's new product range for 2012. "We have lined up various products for the Saudi market and at the end of this month we would be launching new 'Eco Bubble' washing machine in Saudi Arabia. In May, new LED TV and GALAXY Beam will be introduced in the Saudi market," he said.

About GALAXY Beam, Jungsheum Shin, business manager of mobile phones, Samsung, Saudi Arabia, said: "It turns your home instantly into a movie theater, a sports stadium or a game center."

He said Saudi Arabia is one of the biggest and most important markets for Samsung products. Two recently launched Samsung smartphones - GALAXY Note and GALAXY S2 - are getting a good response from the market in Saudi Arabia," he said.

Osama Hamdan, senior manager, mobile division, Samsung Electronics MENA, said the company is heading for its seventh consecutive year as the global TV market leader. "Samsung's TV and AV strategy is built on three pillars of revolutionizing features available throughout its 2012 line: Smart Interaction, Smart Content, and Smart Evolution."

Samsung also introduced the second generation of the Samsung Notebook Series 9, which demonstrates Samsung's advanced innovative craftsmanship in the premium notebook market.

 






  MENA News Headlines
May 18 2013India Walmart lobby case 'closed' ,AFP
(MENAFN - AFP) India's investigation into whether Walmart may have bribed Indian officials to gain wider access to the country's vast market has been "closed" due to lack of evidence, a report said ...

May 18 2013Morocco to harness the wind in energy hunt ,AFP
(MENAFN - AFP) Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in ...

May 18 2013Facebook exec says it's OK for women to cry at work ,AFP
(MENAFN - AFP) Facebook chief operating officer Sheryl Sandberg said in an interview published Saturday says it's ok for women to cry at work, share emotions and be honest about their ...

May 18 2013India could face junk status, S&P warns ,AFP
(MENAFN - AFP) India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, amid new threats to economic growth ...

May 18 2013Three new suicides at Apple supplier's China factory ,AFP
(MENAFN - AFP) Three Foxconn workers have committed suicide at a factory in China in the past three weeks, a labour rights group said on Saturday. All three jumped to their deaths at a plant in ...

May 18 2013Hong Kong launches first electric taxis ,AFP
(MENAFN - AFP) Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution. The 45 bright red cars were launched by ...

May 18 2013New case of SARS-like virus in Saudi: ministry ,AFP
(MENAFN - AFP) A new case of the deadly coronavirus has been detected in Saudi Arabia where 15 people have already died after contracting it, the health ministry announced on Saturday on its ...

May 18 2013Despair over spread of spot-fixing 'cancer' ,AFP
(MENAFN - AFP) The arrest of three Indian cricketers for spot-fixing has prompted new fears over the growing influence of betting mafias on the game in the subcontinent and despair about the ...

May 18 2013China Provides Tunisia with A Grant Worth $13 Million ,Qatar News Agency
(MENAFN - Qatar News Agency) China offered Tunisia a grant worth nearly $13 million , about 20 million Tunisian Dinar, for developmental projects to be specified later, the Tunisian foreign ministry ...

May 18 2013Yahoo Japan suspects 22 million IDs stolen ,AFP
(MENAFN - AFP) Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help