Samsung India Head of mobile phone Vineet Taneja to resign

Tags: News
Korean electronics giant Samsung's India head for mobile phones Vineet Taneja is putting in his papers, people in know of the development said.

The reasons behind his leaving the company or his next assignment could not be ascertained.

When contacted, a Samsung India spokesperson said: "Samsung does not comment on rumour or speculation."

Taneja could not be contacted despite repeated attempts.

Taneja, who is Country Head (Mobile and Digital Imaging) at Samsung India, joined the firm last year from Bharti Airtel where he was serving as the Operations Director (South India and Sri Lanka).

Previously, he has also served as Chief Marketing Officer for Nokia India and as Vice President (Sales & Marketing) for the beverages and foods business at Hindustan Lever.

Similar to global trends, Samsung is the market leader in smartphone category (38 percent share) in India too, a segment that grew almost three-fold to over 44 million in 2013.

In the overall mobile phone segment too, it was the number one player with a 19 per cent share in Q4 2013, according to research firm IDC.

Globally, Samsung had 30.2 per cent share of the smartphone segment and more than 24 per cent share of the overall mobile phone market in Q1 2014, as per IDC data.

The news of Taneja's resignation comes in the wake of Executive Vice President Chang Dong Hoon, stepping down following the criticism of Samsung's latest phone, Galaxy S5.

Dong Hoon was Samsung's head of the design team in the IT and mobile communications division and head of design strategy team at the firm's corporate design center.

EDITORIAL OF THE DAY

  • Annual reports make sense only if accountable governance is in place

    It’s a sign of a lack of imagination to expect an annual report by a party in power to pull out some impressive performance given the complex nature

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Amita Sharma

Political rhetoric makes for counter poetry

Poetic flourishes flavour politics. Ghalib and Hafez flowed profusely to ...

Zehra Naqvi

Watch your words, for they can kill

You must’ve heard the ph­rase ‘if looks could kill’. Ever ...

Dharmendra Khandal

Biodiversity day has come and gone. Yet again

Every year on May 22, world celebrates international biodiversity day. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture