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Economy News

The Economic Times

Economy / The Economic Times

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Samsung seeks to renegotiate supply terms with centre

Amidst the backdrop of escalating component prices, Samsung has entered negotiations with the government, aiming to revisit the terms of their smartphone and IT hardware supply contracts. While the demand from government sectors remains robust, the tech giant is striving to adjust these contracts to reflect the financial pressures they're facing.

6 May 2026 11:28 pm