India beats USA as 2nd largest smartphone market

India overtakes the United States of America and is now the world's second-largest smartphone market. It has also become the world's fastest-growing smartphone market.

Meanwhile, as Samsung shipped 9.4 million smartphone and topped the table, Xiaomi was seen fast closing the gap, as it recorded 9.2 million unit shipments with a 290 percent growth rate. "Doubts about India's market potential are clearly dispelled by this result", Ishan Dutt, Canalys analyst said in a statement.

Xiaomi's propulsion to the No. 2 spot can be credited to its business strategy of targeting mid-range and low-range smartphone market by offering the best features for the price.

Samsung, Oppo, and vivo are stronger in the midfield (between INR15,000 and INR20,000 or $230-$310), but Xiaomis go-to-market innovations might allow it to overtake the Korean manufacturer within a couple of quarters, said analyst Rushabh Doshi. Overall, Samsung, Xiaomi, Vivo, OPPO and Lenovo accounted for 75% of the total shipments in the country. Samsung's shipment has registered an impressive 30% increase from the Q3 2016 while the Xiaomi seems to be the clear victor as it has registered a mind-boggling 290% increase in smartphone shipments.

A few days ago, we did a report on a study by analytics firm GfK that pointed towards the growth of the smartphone market in Emerging Asia-a geographical demographic that includes countries like India, Malaysia, and Indonesia-and a slight decline in the North American one.

Apple is missing from the list of top five, but the company has doubled iPhone shipments to 900,000 in the third quarter of 2017.

Apple acquires New Zealand-based wireless charging firm PowerbyProxi
Apple plans to keep PowerbyProxi in New Zealand for now, although that could change at some point down the road. With regards to the takeover, Mishriki has stated, "The team and I are thrilled to join Apple ".

Xiaomi sold over 4 million smartphones during the recently held Diwali sale in India.

China still maintains the number one spot with more than 110 million shipments of smartphones per quarter, it said.

Lenovo's shipments was almost on the same level as Oppo during Q3 2017.

There are almost 100 mobile device brands sold in India, with more vendors arriving every quarter. After shipments slowed down in Q2 2017, the Indian smartphone market bounced back in Q3 2017, with 23% growth in shipments year-on-year to reach just over 40 million shipments.

After a rocky start to GST, the market has shown strong signs of stability in Q3, with most of the channel adapting to the new rules on time. It is the third consecutive quarter when their market share is well over 50 percent after they took over local players in the second half of 2016. "As the infrastructure matures, consolidation in distribution is inevitable", said Doshi.

Recommended News

  • Twitter Banned Ads from Russian Media

    Twitter Banned Ads from Russian Media

    Hope @jack won't forget to tell @ congressdotgov how @ Twitter pitched @ RT_com to spend big $$s on USA elex ad campaign. Most recently, the channel was requested to register under the US Foreign Agents Registration Act by October 17.
    Colin Kaepernick will likely be invited to next National Football League  meeting

    Colin Kaepernick will likely be invited to next National Football League meeting

    The league later said it's up to the players to decide who will attend to represent them per the Washington Post . It remains unclear if Kaepernick would attend without an official invitation from the league.
    IPhone X Appears On Video

    IPhone X Appears On Video

    A number of other institutional investors and hedge funds have also added to or reduced their stakes in AAPL . Apple comprises about 1.9% of Bray Capital Advisors' holdings, making the stock its 15th largest position.
  • No Pregnancy Confirmation Yet, But the Gender of Khloe Kardashian's Baby is…

    No Pregnancy Confirmation Yet, But the Gender of Khloe Kardashian's Baby is…

    Her attendance at the Good American and VFILES Pop Up Collaboration came after it was reported that she and her beau are expecting a baby boy .
    'Metal Gear Survive' due out in February

    'Metal Gear Survive' due out in February

    In a tweet last night, Konami confirmed the game's release date, as well as the fact that the game is now available for pre-order. Metal Gear Survive has been given a February 20, 2018 release date, putting it right around the corner.
    Malayalam director IV Sasi passes away, he was 69

    Malayalam director IV Sasi passes away, he was 69

    IV Sasi had worked with Mammotty in films like Thrishna and Mrugaya which were phenomenal hits and established Mammokka's stardom. The director with his characteristic white hat, as actor Jagadeesh recalled, directed over 150 movies in various languages.
  • Pakistan Tells US Its Military Solution Has Failed In Afghanistan

    Pakistan Tells US Its Military Solution Has Failed In Afghanistan

    The US should ask them to play a role in resolving Afghan issue instead of demanding Pakistan of "doing more". He said Pakistan had not received any pressing demand from the visiting US Secretary.
    Trailer lands for Paul Thomas Anderson's 'Phantom Thread' starring Daniel Day-Lewis

    Trailer lands for Paul Thomas Anderson's 'Phantom Thread' starring Daniel Day-Lewis

    It appears as if Paul Thomas Anderson and Daniel Day-Lewis have stitched another jaw-dropping exercise in period extravagance. Until then, get excited for Phantom Thread , and wonder to what degree Day-Lewis' character is a projection of PTA himself.
    Hizbul Mujahideen Chief Syed Salahuddin's Son Syed Shahid Yusuf Arrested By NIA

    Hizbul Mujahideen Chief Syed Salahuddin's Son Syed Shahid Yusuf Arrested By NIA

    He was served the summons on October 16 to present himself before NIA investigators at their New Delhi office, today (October 24). Yusuf's arrest is the latest attack as part of the NIA's intense crackdown against Kashmir's business and political leaders.
  • Hellboy Introduced in New

    Hellboy Introduced in New "Injustice 2" Trailer

    A trailer was released earlier today to showcase some of the popular superhero's in-game moves-and they look absolutely lethal. Hellboy is the final character of Fighter Pack #2 , with Black Manta and Mortal Kombat's Raiden also included.

    New sign points to November launch of OnePlus 5T

    It retains OnePlus' features, like Shelf and keeps all the customisation options regularly found in OxygenOS. Coming to the camera department, the device offers a dual rear-camera solution with 16 MP + 20 MP sensors.
    John Stamos and Caitlin McHugh get engaged

    John Stamos and Caitlin McHugh get engaged

    Interestingly, the newly engaged couple once appeared on the same Law & Order: SVU episode back in 2011! "And we lived happily ever after".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.