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 >
Factbox-Recent suspected underwater sabotage incidents in the Baltic Sea
Factbox-Recent suspected underwater sabotage incidents in the Baltic Sea
Dec 2, 2024
HELSINKI (Reuters) - The Baltic Sea region has seen several cases of suspicious damage against underwater critical infrastructure since 2022, but authorities have been unable to find sufficient proof of deliberate malicious intent to press charges.  NOV 2024: BALTIC TELECOM CABLES In the most recent case, two undersea fibre-optic communications cables located more than 100 nautical miles (about 200 km)...
China bans exports of gallium, germanium, antimony to US
China bans exports of gallium, germanium, antimony to US
Dec 3, 2024
BEIJING (Reuters) - China will ban exports of 'dual-use items' related to gallium, germanium, antimony and superhard materials to the United States that take effect from Tuesday, the commerce ministry said. It also requires stricter review for end-user and end-usage for graphite dual-use items shipped to the U.S. The move comes after the United States launched on Monday its third...
EXPLAINER-How China could retaliate against new US chip curbs
EXPLAINER-How China could retaliate against new US chip curbs
Dec 2, 2024
BEIJING, Dec 3 (Reuters) - Washington's new curbs on China's semiconductor industry are fanning fears that Beijing could strike back, as trade tensions between the two largest economies intensify. Chinese authorities have vowed to take action to safeguard the interests of their companies and the country has in recent years amassed a series of tools that analysts say they can...
Factbox-US targets China's chip industry with new restrictions
Factbox-US targets China's chip industry with new restrictions
Dec 2, 2024
WASHINGTON (Reuters) -The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. Below is a list of the biggest actions being taken, according to the Commerce Department. CHIP EQUIPMENT New controls will be placed on semiconductor manufacturing equipment...
Copyright 2023-2026 - www.financetom.com All Rights Reserved