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CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
According to the latest report by International Data Corporation, Xiaomi has retained its top position in the Indian smartphone market with a 29.7% market share, significantly higher than Samsung’s market share of 23.9%. Having said that, users in the country are confused a lot more after this new report from IDC as last month, two global firms- Counterpoint Research and Canalys gave Samsung bigger or almost identical market share with Xiaomi in Q2 2018.
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According to IDC’s latest “Quarterly Smartphone Tracker”, approximately one out of three smartphones sold in India was a Xiaomi device in Q2 2018. The quarter also marked the first time a smartphone brand (Xiaomi) shipped nearly 10 million units within three months. Xiaomi also continued to be the number one smartphone vendor in the online smartphone market with 55.6% market share, for the seventh consecutive quarter, said the report.
“Our mission to deliver amazing products at honest pricing has changed people’s lives and started a new chapter in the mobile Internet era in India, and I believe we will become an even bigger part of people’s lives,” said Manu Jain, Vice President, Xiaomi and Managing Director, Xiaomi India.
According to IDC, four out of the top five smartphones in Q2 2018 were Xiaomi smartphones — Redmi 5A, Redmi Note 5 Pro, Redmi Note 5 and Redmi 5, accounting for 26% of overall smartphone shipments.
The Indian smartphone market saw an overall healthy growth of 20%, with a total of 33.5 million units being shipped.
However, in late July, Hong Kong-based research firm Counterpoint Research said South Korean firm Samsung reclaimed the top spot in the second quarter in India with 29% share against Xiaomi’s 28%.
According to Singapore-based market research firm Canalys, Samsung shipped 9.9 million smartphones in India in the second quarter of 2018, registering almost a 50% annual growth rate- its best since the fourth quarter of 2015,
