28700000 Handsets Sold In India During Q2 2016

According to a report published by CyberMedia Research, smartphone shipments in India hit 28.7 million units during the second quarter of this year, representing a 5.7% year-on-year growth over the same period last year. Sales of feature phones, meanwhile, continued to show a downward trend, with a 4.2% YoY decline over the corresponding period last year. Overall, 37.3 million feature phones were shipped in the country during the quarter, according to CMR's India Monthly Mobile Handset Review. With sales of smartphones on a steep upward trajectory, overall mobile handset shipments in the country is expected cross 75 million for the first time during the third quarter (July-September) with the onset of the festival season. That number is expected to get a further boost during the final three months of the year when the festival season will be on in full swing.
As for the leading smartphone vendors in the country, Samsung, Micromax and Intex continued to lead the pack, although Reliance's new 'LYF'-branded VoLTE-enabled phones have now climbed up to the fifth spot overall, thanks to the unlimited voice, SMS and LTE data that comes bundled with them. While the entry-level segment continues to see high growth thanks to the transition from feature phones to smartphones in rural and lower-income urban communities, premium devices with price-tags in excess of Rs. 20,000 ($300) have also been doing brisk business. The segment registered a 35% growth during the quarter, with companies like ASUS, LG, Huawei, OPPO and LeEco doing rather well for themselves.


28700000 Handsets Sold In India During Q2 2016 28700000 Handsets Sold In India During Q2 2016 Reviewed by saiyadnauman on 15:10:00 Rating: 5

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