Friday, August 19, 2016

Lenovo, Xiaomi among chinese cos pushing up smartphone shipments in India

Smartphone market in India posted a 17.1 per cent sequential rise in shipments to 27.5 million units in April-June quarter, with Chinese vendors like Lenovo, Xiaomi and Vivo driving the growth, research firm IDC said.

The shipments have revived after two successive quarters of decline. Handset makers had shipped 23.5 million units in the first quarter of this year.

Shipments were up marginally 3.7 per cent from 26.5 million units in the second quarter of 2015, International Data Corporation (IDC) said in a report on Friday.

Samsung continued to lead with 25.1 per cent market share followed by Micromax (12.9 per cent), Lenovo Group (7.7 per cent), Intex (7.1 per cent) and Reliance Jio (6.8 per cent).

About 33.7 million units of feature phones were shipped in the second quarter this year, up 2.6 per cent over last year.

"Cautious spending behaviour of consumers clubbed with feature phone's continued relevance to the target customer's usage needs and vendors re-calibrating the channel to increase their share are some of the factors which are driving the volumes for feature phones," IDC said.

With the festive season approaching, IDC expects shipments of both smartphone and feature phone to sequentially grow in the third quarter.

Until now, Lenovo was the only China-based vendor to ship over a million units in a quarter, while this quarter saw additional three vendors joining the million shipment bandwagon, Senior Market Analyst, IDC India said.

The premium segment (over Rs 20,000) saw Chinese vendors capturing around one-third market share in April-June quarter, up 9 per cent from the year-ago period.


Source: Lenovo, Xiaomi among chinese cos pushing up smartphone shipments in India

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