Samsung overtakes Xiaomi in Indian smartphone market after two years
Two years after Xiaomi took the highest spot within the Indian smartphone market, Samsung has lastly overtaken it this quarter, in response to a brand new report by analysis agency Counterpoint.
Buoyed by rising “anti-China sentiment” amongst Indian customers and by launching a barrage of latest fashions within the nation, Samsung managed to achieve a 24% share out there for Q3 2020. Xiaomi slipped all the way down to the second spot with a 23% share, adopted by Vivo and Realme.
Samsung launched 18 cellphone variants out there from April to September as in comparison with 22 by Xiaomi, which additionally contains telephones from Poco. Nevertheless, Counterpoint’s report means that Samsung’s aggressive on-line push and efficient distribution did the trick. Xiaomi‘s gross sales slumped as a result of manufacturing and distribution hole created by the coronavirus pandemic.
Counterpoint’s analysis analyst, Shilpi Jain, stated that there have been some anti-China emotions in customers after a skirmish between armies of two nations on the border in June:
Throughout the begin of the quarter, we witnessed some anti-China shopper sentiments impacting gross sales of manufacturers originating from China. Nevertheless, these sentiments have subsided as customers are weighing in numerous parameters throughout the buy as effectively. The manufacturers have been fairly aggressive as they began build up stock a lot forward of the festive season.
Indian cellphone maker Micromax, which held the primary place within the Indian market at one level, is aiming to reap the benefits of that “anti-China sentiment” and make a comeback with a brand new sequence known as “in” subsequent month.
The analysis agency stated that general, it was a powerful quarter as greater than 53 million items had been shipped with a 9% year-on-year development. It additionally famous that Samsung’s lead shouldn’t be definitive, and Xiaomi may simply make a comeback within the subsequent quarter to say the highest spot once more.
Revealed October 29, 2020 — 06:28 UTC