China’s Xiaomi overtakes South Korea’s Samsung in India’s smartphone market
China’s Xiaomi is at the top in India’s smartphone industry after six quarters as it outpaced South Korea’s Samsung which fell to the third position in the June quarter. Second on the list is Vivo as Chinese brands regain ground in the intensely competitive market. As per data from market researcher Canalys, Xiaomi’s shipments grew at 24% at the highest pace annually and the company took its market share to 18% in the June quarter from 15% a year ago.
Meanwhile. Vivo grew 4% annually and its volume share remained unchanged at 18%. Samsung’s shipments fell 8% with volume share at 17%, as per Canalys data. Two other Chinese brands Realme and Oppo ranked fourth and fifth with a volume share of 12% and 11% respectively, data showed.