Samsung's Taneja moves to Micromax as CEO

Vineet Taneja has quit Samsung to join desi smartphone brand Micromax as its Chief Executive Officer. Taneja had joined Samsung in March last year and was responsible for consolidating the Korean phone maker’s market leadership in a tough market. While Taneja’s move fits in well with Micromax’s ambitious game-plan to chart out growth in international markets, it also points to the state of affairs in Samsung. Micromax, a leading consumer electronics brand and the country’s second largest smartphone player, announced on Sunday the appointment of Vineet Taneja as its new Chief Executive Officer.

Read the Hindu Business Line news report here.