financetom
Technology
financetom
/
Technology
/
India smartphone market reaches all-time high shipment of 42.6 million in FY18, says IDC
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India smartphone market reaches all-time high shipment of 42.6 million in FY18, says IDC
Nov 15, 2018 8:38 PM

Smartphone shipments in India touched an all-time high of 42.6 million units in July-September 2018 quarter, registering an year-on-year growth of 9.1 per cent, according to the research firm IDC. This is the first time when the smartphone market is at par with the feature phone market with each segment contributing 50 percent to the overall mobile phone market, IDC said in a statement.

Xiaomi led the smartphone tally with shipment of 11.7 million units and 27.3 per cent market share, followed by Samsung 9.6 million units (22.6 percent share), vivo 4.5 million units (10.5 percent share), Micromax 2.9 million units (6.9 percent share) and Oppo 2.9 million units (6.7 percent share).

"With the duty hikes in place and the dollar fluctuation, smartphone vendors are expected to raise prices of devices in the coming months rather than absorbing the cost or clocking it under cash backs and financing schemes etc," IDC India Associate Research Director Client Devices and IPDS Navkendar Singh said.

Moreover, offerings like AI, full-screen displays with notches, and higher memory configurations are expected to drive volumes from low to mid-range devices, carving out an affordable premium segment, especially for the upgrades, Singh added.

In the $400 and above segment (premium category), OnePlus clocked its highest ever shipment in a quarter and surpassed Samsung and Apple in terms of shipment in the said quarter.

"With the onset of festive season, shipments in Q3'18 were primarily driven by the e-tailer channel in preparation for the multiple sale events in the run-up to the Diwali festival," IDC India Associate Research Manager Channel Research Upasana Joshi said.

Additionally, strong online exclusive portfolios driven by brands like Xiaomi, Honor, Realme, Asus, OnePlus, etc. resulted in quarter-on-quarter (QoQ) growth of 37 per cent, taking the online share to 39 per cent in the third quarter of 2018, she added.

The offline segment registered a slower annual growth of 6.6 per cent in the September 2018 quarter, IDC said.

With 2.1 per cent y-o-y growth, the feature phone market registered shipments of 43.1 million units in the September 2018 quarter.

First Published:Nov 16, 2018 5:38 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Semtech Announces Third Quarter of Fiscal Year 2026 Results
Semtech Announces Third Quarter of Fiscal Year 2026 Results
Nov 24, 2025
Record net sales of $267.0 million, representing 13% year-over-year growth GAAP gross margin of 51.9%, up from 51.1% a year ago and Non-GAAP adjusted gross margin of 53.0%, up from 52.4% a year ago GAAP operating margin of 11.6% compared to 7.5% a year ago and Non-GAAP adjusted operating margin of 20.6% compared to 18.3% a year ago GAAP diluted...
Keysight Technologies Reports Fourth Quarter and Fiscal Year 2025 Results
Keysight Technologies Reports Fourth Quarter and Fiscal Year 2025 Results
Nov 24, 2025
Robust demand and strong execution deliver above guidance results and strong order growth; Announces New $1.5 Billion Share Repurchase Program SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. ( KEYS ) today reported financial results for the fourth fiscal quarter and fiscal year ended October 31, 2025. “Keysight delivered an outstanding quarter and strong close to the fiscal year, returning...
Options Corner: A Sentiment Reversal Could Awaken Tech Sleeper Hewlett Packard Enterprise
Options Corner: A Sentiment Reversal Could Awaken Tech Sleeper Hewlett Packard Enterprise
Nov 24, 2025
Among companies related to the artificial intelligence boom, information technology specialist Hewlett Packard Enterprise ( HPE ) isn't exactly the first name that comes to mind. That's mainly because the company isn't a frontline semiconductor enterprise but is rather a provider of critical infrastructure. Nevertheless, the steep sell-off in the tech space has been disruptive, with HPE stock down about...
Copper Mountain Technologies Unveils Next-Generation VNA Solutions in 2025
Copper Mountain Technologies Unveils Next-Generation VNA Solutions in 2025
Nov 24, 2025
INDIANAPOLIS, Ind., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Copper Mountain Technologies (CMT), a global leader in vector network analyzers (VNAs) since 2011, is delivering new solutions that emphasize practical, real-world usability and enable engineers to solve complex challenges with confidence. In 2025, CMT has expanded its product lineup with 22 GHz Advanced Series VNAs featuring Direct Receiver Access and Frequency...
Copyright 2023-2026 - www.financetom.com All Rights Reserved