India has moved straight from the lowermost section of Apple’s priority list to sit right on top. The Cupertino-based firm, which has long snubbed the country for other nations like the US, UK and more, now plans to be the No. 1 smartphone seller in India, next year. According to a report by Business Insider, Apple has signed a partnership agreement with Optiemus Group, based in Delhi, to double its iPhone sales.
Optiemus Group has been a major distributor of Samsung and HTC brand handsets in India. Following this partnership, Optiemus will be distributing iPhones as well, increasing the volume of the iPhones in India. [...]
India’s mobile market has developed over the past few years. Every global firm is eyeing to set up a manufacturing plant in the country, and many Chinese firms have already taken progressive steps in this direction. Amid all these advancements, the recent report have raised concern over the future of mobiles in the country. According to research firm CyberMedia Research, the mobile phone sales in India has shrinked consecutively for the second time in Q1 2015.
The statistics released by the firm clearly speaks of the dropped sales in Q1 2015 (January – March) and in the [...]
Once again, Samsung has become the top smartphone manufacturer, beating Micromax in its home ground. The Korean electronics firm has retained its position with an increase in market share from the last quarter. This shuffling is due of change in duty structure and restricted supply of mobile devices from Chinese brands like Xiaomi, OnePlus due to Chinese New Year festivities.
According to CyberMedia Research, Samsung’s share increased from 23.7% in fourth-quarter 2014 to 27.9% in Q1 2015 (January to March). The firm also saw a boast in market share in feature phone during this quarter that was lower in the [...]
New reports by IDC have revealed that Lenovo is set to become the third largest smartphone vendor in India. But only after the completion of its acquisition of Motorola Mobility is complete. The acquisition is considered one of the sharpest move in the industry for the Chinese company, which has previously made its name though PC sales.
“Presently, Motorola is at number four in India. And, we are expecting to close the acquisition by the end of the calendar year, which we believe make us the third largest smartphone player the in the Indian market,” Amar Babu, managing director at Lenovo India said.
Last week, we heard reports that Micromax had dethroned Samsung to become the Number 1 phone manufacturer for Q2 2014 in terms of units shipped. However, Samsung says this is not the case.
Economic Times talked to Samsung President and Chief Executive for South-West Asia, BD Park. He claims that these reports are false. He admitted that sales had decreased in the past quarter, and that the Galaxy S5 did not sell as well as they had predicted. Nevertheless, the company still met its targets, and according to their internal data, still controls more than 50% of the Indian market with more than double the sales of the [...]