Demand for Chinese smartphones in India falls for first time ever; prices to rise
Kolkata: Sales of Chinese smartphone brands Xiaomi, Oppo, OnePlus and Realme fell for the first time in India last fiscal year, as their mainstay entry- to mid-level market shrank, with consumers increasingly gravitating towards premium handsets.
Their performance pulled down the combined revenue of the nine largest Chinese electronics firms operating in India by 4.5% in FY25, show data from regulatory filings from last month. This was also the first time the Chinese brigade recorded a revenue contraction in India. The previous year, they had posted a 42% expansion.
