Samsung Electronics has assumed the lead role in the global TV market, with its revolutionary Televisions being rolled out almost every year have become bestselling products since 2006. Samsung Electronics has held the No. 1 position in the global TV market since 2007, both in terms of volume and value. All this success has been achieved within a short period of 10 years, transforming Samsung Electronics into the hugely successful...

Samsung Electronics Co., Ltd the global leader in Electronics home Appliances and digital convergence technology has announced revenues of 37.89 trillion “Korean Won” (approximately 32.34 Billion dollars) on a consolidated basis for the second quarter ended June 30, 2010, a 17 percent increase year-on-year. For the quarter, the company posted net income of 4.28 trillion Won (3.65 Billion Dollars). Consolidated operating profit for the...

The low rates of cellular services are causing an increase in the number of subscribers with an accelerated pace. Furthermore, the subscribers using internet services are showing incredible growth of 161 percent by June-end. Pakistan Telecommunication Authority reported, that the numbers of internet subscription on network of different cellular operators have reached 14.4 million by the end of closing financial year 2009-10. The number of...

Pakistan is trailing 25 million dollars of valuable foreign exchange per month due to grey telecom traffic. The Pakistan Telecommunication Authority (PTA) has given this shocking news to Economic Co-ordination Committee in the meeting on July 29, 2010. “After making necessary changes in the Telecom Deregulation Policy, illegal telecom traffic can be controlled whereas inflow of foreign exchange could be doubled from its present level...

In what he called a “white paper” apparently against his own government and the ministry that he was heading till recently, the Prime Minister’s Adviser on IT Sardar Latif Khosa has revealed that at least Rs50 billion are annually lost by the state and telecom companies due to the unchecked grey tariff, i.e. illegal network of international calls. Forwarded to the Chairman National Assembly Standing Committee on IT, Khosa, who was...