Three firms- Apple, Samsung, and Huawei - account for 75% of global exports
For 2020, IDC said the Indian smartphone market is expected to see 'modest single-digit growth' in the year
Apple - helped by strong growth in sales in the country - managed to secure the sixth spot in the tally, behind Oppo
The remarks come as the fast-growing smartphone brand, which saw fast adoption in India in 2019, steadily turns its focus towards its home market in China
CMR said mobile phone shipment in India is likely to touch 280 million units by the end of the year
Once the market leader, Samsung's share slipped to lowest ever in several years as Chinese players like Realme, Oppo and Vivo ate up its market
Xiaomi continued to lead the tally with 27.1% share, followed by Samsung (18.9%), Vivo (15.2%), Realme (14.3%) and Oppo (11.8%).
Given the maturity of smartphone users - in terms of digital content consumption, commerce, and communication - the phone has become central to people's lives, analysts said
The euphoria is clearly visible in activities of the smartphone majors
A total of 69.3 million mobile phones were shipped to India in the June 2019 quarter, up by 7.6 per cent over the previous quarter
This is the third consecutive quarter that Realme has grabbed a spot within the top five brands
New Delhi, 17 OctoberThe shipment of smartphones grew 13 per cent year-on-year (y-o-y) during July-September to touch a record high of about 40 million units, said Counterpoint Research. Last year, when the festive season began some three weeks earlier, handset players had shipped in close to 35 million units in the same period .While smartphone imports usually surge during the September quarter every year in anticipation of higher sales in festive months, this year shipments grew more than average. According to Counterpoint analysts, "as brands pushed stock into the channels to tap the festive demand", shipments surged higher.Factors like destocking and the transition of the trade channel towards the goods and services tax (GST) regime during the first half of the quarter might also have played a key role. As trade partners and companies liquidated most of their stocks during June, inventory at the vendor level went down to a week's stock from over 30 days' that they usually ...
Samsung continued to retain the top spot, followed by Xiaomi. Vivo, OPPO and Lenovo