Samsung seeks to renegotiate supply terms with centre

New Delhi: Samsung is in talks with the government to renegotiate terms of contract in supplying smartphones and IT hardware amidst rising component costs, a top company executive told ET.

While the company sees strong demand from the government sector even as consumer demand has taken a hit due to higher prices, it is attempting to rework certain terms of the contract in a bid to pass on the added costs, said Puneet Sethi, vice president, enterprise business, at Samsung India.