South Korean Major Samsung Dethrones Xiaomi To Lead Overall Mobile Phone Market In India  

South Korean major Samsung has dethroned Xiaomi to lead the overall mobile phone market in India in the second quarter of this year, a new report said on Friday (7 August).

Samsung led the overall mobile phone market with a market share of 24 per cent, followed by Xiaomi and Vivo, said IDC India.

The mid-premium segment ($300 and less than $500) with a share of 4.8 per cent declined YoY by (48.4 per cent) with top models such as Samsung's Galaxy A51 and A71, Vivo's V19, Apple's iPhone SE (2020), and the OnePlus 7T.

In the smartphone segment only, Samsung surpassed Vivo for the second slot despite a strong YoY decline of (-48.5 per cent) in the second quarter to 4.8 million units.

The Galaxy M21 was among the nation's top five shipped models and most of its online-exclusive Galaxy M series was opened to offline channels, though at higher prices.

Samsung stood in second place in the online channel with a share of 22.8 per cent and was the leader in the offline channel with 29.1 per cent share in 2Q20.

The brand also partnered with Benow and Facebook, enabling offline retailers to start sales using digital platforms, thus adhering to social distancing norms, said the IDC report.

Four out of the top five models in the second quarter were Xiaomi models, namely the Redmi Note 8A Dual, Note 8, Note 9 Pro, and Redmi 8, accounting for 21.8 per cent share.

Xiaomi launched its Mi Commerce solution to create an omnichannel experience for partners but also continued its dominance in the online channel with 42.3% share in 2Q20, said the IDC.

This news has been published via Syndicate feed. Only the headline is changed.