Xiaomi shares top spot with Samsung in the Indian smartphone market for the first time

By | November 14, 2017


Buoyed by sturdy gross sales within the run-up to Diwali, Chinese language smartphone participant Xiaomi has for the primary time shared the highest slot with South Korean big Samsung within the Indian smartphone market, with a market share of 23.5 p.c and having shipped 9.2 million smartphones within the quarter

Reuters.

Reuters.

Xiaomi additionally turns into the quickest rising smartphone model in India, with a development fee of practically 300 p.c (year-on-year) within the third quarter this yr, mentioned the Worldwide Information Company’s (IDC) newest Quarterly Cellular Cellphone Tracker, Q3 2017 on 14 November.

Samsung registered 39 p.c sequential development (QoQ) and 23 p.c year-on-year (YOY). Galaxy J2, Galaxy J7 Nxt, and GalaxyJ7 Max have been the important thing fashions that contributed to nearly 60 p.c of Samsung’s quantity.

For Xiaomi, Redmi Word four continues to be the best-selling smartphone in India as the corporate shipped roughly 4 million items on this quarter.

“Within the coming few quarters, each Samsung and Xiaomi would wish to additional strengthen their channel play and considerably differentiate their merchandise on expertise and high quality to maintain and struggle for management on this hyper-competitive smartphone market,” Upasana Joshi, Senior Analyst, IDC India, mentioned in a press release.

Xiaomi’s gross sales by its web site continued its development and helped increase the share of total on-line channel from 32 p.c to 37 p.c in comparison with a yr in the past.

“Inside three years of our entry into the Indian market, now we have been in a position to obtain a never-seen-before feat of market dominance. So far as we’re conscious, we’re the primary model throughout all sectors to have change into a market chief inside such a brief span of time,” mentioned Manu Jain, Vice President, Xiaomi and Managing Director, Xiaomi India.

The smartphone shipments in India reached a report excessive of 39 million items within the third quarter this yr, with a considerable development of 40 p.c from the earlier quarter and a wholesome 21 p.c development from the identical interval final yr.

“On-line channel in India sees a seasonal spike peaking in Q3 on the again of a number of spherical of on-line gross sales following upto pageant months in India,” added Jaipal Singh, Senior Analyst, IDC India.

Lenovo (together with Motorola) made it again to the third place after two quarters as its shipments elevated 83 p.c from the earlier quarter.

Vivo slipped to fourth place as its shipments declined after a report breaking second quarter, though registered a wholesome 153 p.c annual development.

Oppo had the largest sell-in quarter to date in India as vendor shipments elevated by 40 p.c sequentially and 81 p.c from identical interval final yr.



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