News

Smartphone Shipments In India Q4, 2016: Chinese Brands Gain Momentum

Even without entering the international smartphone market Chinese brands sell millions of their products. Recently IHC Technology published the top 10 Chinese smartphone makers in 2016, and we know who the leaders are in this marathon. But what about the Indian market, the second market for Chinese brands? That’s not a secret Chinese smartphones are mainly priced low. This allows the manufacturers to offer their products in low-income markets like India. On the other hand, it’s very difficult to compete with top brands in global markets. So these companies have to realize their products in secondary markets. Well, the insights told above are not anything new, but the players’ roles have changed in the Indian market in 2016. So let’s take a glance at the data provided by CounterPoint Research.

Must Read: Xiaomi earn more than $ 1 billion in India by 2016

According to the research data, the Chinese brands have gained momentum and they occupy 46% of Indian smartphone market. It’s almost the half. But what’s more interesting Chinese brands enlarged their market share by 32%. This have been implemented due to decrease of Indian brands. Last year they had 54% of the Indian smartphone market, while this number is 20% for Q4, 2016. Thus Indian customers preferred Chinese brands instead of domestic brands. These changes are related with the names of 4 Chinese brands – Vivo, OPPO, Lenovo, and Xiaomi.

Do not miss: RECORD: 250K+ Redmi Note 4 Units Sold in 10 Minutes in India

As for the rest of the market, it is occupied by global brands like Samsung. But we know many Chinese brands are going to come in with a tough competition in the Indian market in 2017 as well. So there are all chances to grab more market share, and I guess it will happen at the expense of global and domestic smartphone makers’ life.

Source

Tags

Argam Artashyan

Back in 2010, he was dismissed from his position as a lecturer at the university. This made him get another job at his friend’s digital marketing company as a blog writer. After a few years, when he was thinking the article writing is his mission, Google pushed the Panda update and affected the company and websites he was working at. (Un)fortunately and surprisingly, he got an offer to head a large knitting factory. In 2016, he got his Ph.D. and resumed teaching at the University … and writing tech-related articles following his passion.

Leave a Reply

Your email address will not be published. Required fields are marked *

Close
Close