Tag: Smartphone Industry

  • What Is The Best Time To Buy A Smartphone?

    What Is The Best Time To Buy A Smartphone?

    The world is constantly on the verge of discovering something new or making key steps towards advancements in various fields. This holds especially true with technology and by its extension computing components and smartphones. While different industries like the automobile or fashion industry have its own pace of evolution, change or growth the same cannot be said for the mobile industry.

    The smartphone market is one of the worlds most volatile market in more ways than one. It means that a consumer is always at odds with the myriad of choices in front of them. So, many are left wondering when should they go for a new handset. Worry not as team iGyaan has got you covered.

    Smartphone
    iPhone XS & XS Max
    Why Is There A Confusion

    Generally speaking, smartphones are almost constantly being released in the market which means there are always multiple choices. Hence, an average consumer after being faced with the dilemma now must also choose what to buy and decide when to buy. It is a common mentality to hold off till the absolute last moment to buy a smartphone but that is really not the case. Furthermore, you must keep in mind behind the other major evil which is buyers remorse. In other words, the regret one may feel after buying something and regretting it by thinking of another purchase that could’ve been made. 

    Smartphone
    Redmi Note 7

    Smartphone manufacturers have a tendency to constantly offer better iterations of their devices with minor upgrades and updates in a couple of months while major generation jumps happen over the course of the year. So say, you bought a OnePlus device in Q2 (May-June) but the device seems obsolete just by the next quarter with its “T” variant being launched. Many may feel like they made a wrong choice or should’ve held off from buying a device till then. But that is wrong, as that is what companies do. They make new products attractive and market them heavily to feel like the next best thing right after you just bought a newly launched smartphone that is barely three months old. So, users must make a note to not fall for this strategy and stick to their decision. Minor upgrades never make a major difference.

    Smartphone
    OnePlus 6T
    So When Should You Buy A Smartphone?

    The holiday season is widely known to be a time where smartphones are released and the ones released earlier in the year are offered with discounts and attractive offers. So, Diwali and Christmas are one of the best times to consider an update to your old devices. For example, Samsung generally launches its flagship around February and March which by this time are offered with discounts and offers that make them worth going for. If you’re into OnePlus, even OnePlus’ “T” smartphones are already out and may also have offers with them.

    Smartphone
    Redmi K20

    During Q4, Xiaomi and its subsidiary Redmi have also released most of its flagships and mid-range devices offering more choices to choose from. Furthermore, the year-end follows immediately after major launches like Apple’s iPhone and Google’s Pixel series of smartphones. A time where most other OEMs avoid launching new devices in. So, you wouldn’t need to worry about a particular major launch to arrive anytime soon or till next year.

    Xiaomi Mi A3

    Also ReadApple Will Sell Its Products Online In India For The First Time Through Its Official Website

    Keep In Mind

    Simply knowing when to buy a smartphone is not enough. As previously mentioned, you must be wary of buyers remorse and willing to stick with your decision. Even if you’re not buying the latest flagship device or the latest mid-range smartphone, the device you do decide on will do almost everything as the other that you think you should’ve waited for or bought alternatively.

  • Indian Smartphone Market Reaches Record Breaking 37 Million Shipments In Q2

    Indian Smartphone Market Reaches Record Breaking 37 Million Shipments In Q2

    India is currently one of the largest smartphone markets and is also amongst the fastest growing one as well in the industry. According to a new report, the Indian smartphone market has broken previous records with a massive 37 million units being shipped in just the second quarter of 2019 alone. The increase is just a single digit growth but which the country gains steadily after each passing year.

    Indian Smartphone Market

    Counterpoint, a research and analytical firm, has reported via its Market Monitor services that “the growth was driven via new launches, price cuts on older devices and channel expansion across brands.” One of the contributing factors were the expansion of offline centric brands to online stores. It includes online-website exclusive series which have helped boost sales of certain brands like OPPO and Vivo. In a similar fashion, brands that had been online exclusive have now shifted to offline shelves with partnerships with key retailers like OnePlus. Notably, various OEMs have seen success targetting multiple demographics within one series of smartphone that sport different specifications and price in the Indian smartphone market; similar to a flagship and its more inexpensive variants.

    Indian Smartphone Market

    Furthermore, it has been reported that the most popular price range for smartphone is the INR 10,000 to INR 20,000 bracket. It includes all the mid range or affordable flagships which have become increasingly popular in the country. The handset trends such as notch display, multiple rear cameras, pop up selfie feature and in-display sensor technology are also being catered to in this price range to attract customers. The top 5 most popular brands in the Indian smartphone market from 2018 have seen some gains and losses but for the most part are still relevant. 

    Indian Smartphone Market

    Also ReadMotorola Launches The Moto E6 With Snapdragon 435 & 2GB RAM

    As the smartphone market grows, the older feature phones are currently witnessing a sharp decline in sales volume. A steep dive of 39% is being observed in the latters sales every year. The market research report shows the Indian smartphone markets potential for further growth. Companies such as Apple and LG taking initiative to start manufacturing in India is another great plus point. Made in India smartphones are cheaper than the shipped from abroad and are a great offering. All in all, the industry is brimming with choices and the current era is a golden age for customers.

  • Huawei Plans To Manufacture Mobile Phones In India

    Huawei Plans To Manufacture Mobile Phones In India

    Many smartphone manufacturers like Xiaomi, Vivo, Oppo and OnePlus have already set up their manufacturing processes in India. Manufacturers are increasingly preferring India as a manufacturing hub over China because of the advantages in terms of labour and government’s favourability. Huawei, the $150 billion Chinese giant, has said to a news website that they intend to begin manufacturing phones in India as early as next year. They have already set up plans to open 1000 storefronts all across the country to gauge the market.

    Huawei’s Make In India

    The company’s VP has informed that they look at India strategically. They now intend to grow their presence through the launch of devices in the mid and premium end of the market. Manufacturing in India reduces the price of the smartphones for the Indian market drastically. Currently there is a 20% import duty levied on smartphones that will be negated once they are manufactured locally. This is specially important for a price sensitive market. In 2017, Huawei accounted 153 million in global smartphone sales. The company also stated that they plan to manufacture the phones with their partner Flex who has a factory in Chennai. This in turn will generate new jobs and will help India as well in the long run.

    Also Read: Huawei Crosses Apple, Becomes Number 2 Smartphone Maker Worldwide

    The company representative has also said that apart from China, they have seen a significant growth across many different markets including Europe. Xiaomi is currently the largest phone manufacturer in India. They buy their devices from Foxconn’s India unit. India is one of the most lucrative smartphone markets and has immense potential for growth. Huawei however is the largest phone manufacturer in China, which is the world’s biggest smartphone market. The company has also stated that they plan to import other products such as smartwatches and laptops for now. They have also indicated that they may manufacture these locally as well, once they start gaining popularity.

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