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Xiaomi pips Samsung market share in Q3: IDC

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Xiaomi pips Samsung market share in Q3: IDC

This is the first time when the smartphone market is on par with the feature phone market, each contributing 50 percent of the total mobile phone market.

According to the International Data Corporation (IDC), the smartphone maker Xiaomi shipped 11.7 million units and the Indian market with 27.3 percent share in the third quarter this year.

According to the IDC “Quarterly Mobile Phone Tracker”, the smartphone market in India reached an all-time high of 42.6 million unit shipments in the third quarter (ending September 30), registering a 9.1 percent year-on-year (YOY) growth

This is the first time when the smartphone market is on par with the feature phone market, each contributing 50 percent of the total mobile phone market.

With the growth in the smartphone segment

“With duty hikes in place and the dollar fluctuation, smartphone vendors are expected to raise prices of devices in the coming months, rather than absorbing the cost or clocking it under cash backs and financing schemes,” said Navkendar Singh, Associate Research Director, Client Devices and IPDS, IDC India

In the wake of the depreciating rupee and rising input costs, Realme and Xiaomi have already increased prices of some of their handsets

Redmi 6 and Redmi 6A, along with Mi Powerbank 2i and Mi TV (32-inch Pro and 49-inch Pro variants).

Online-focused Chinese smartphone maker Realme increased the prices of its two popular budget handsets in India The Rs 6,999 Realme C1 is now priced at Rs 7,999 while Rs 8,990 Realme 2 (3GB variant) is priced at Rs 9,499.

According to Upasana Joshi, Associate Research Manager, Channel Research, IDC India, shipments in the third quarter primarily driven by the eTailer channel in run up to the festival season.

“ETailers continued to drive affordability with multiple financing options such as zero or low-cost EMIs, buyback guarantees and cashback on debit / credit cards,” Joshi said in a statement.

Xiaomi grew to a new high on its successful Redmi 5A and Redmi Note 5 Pro series and refreshed Redmi 6 / A / Pro portfolio, said the report.

“Samsung registered a yearly growth of 4.8 percent in 3Q18 at the back of its ‘Infinity’ series model ‘Galaxy J6’ followed by Galaxy J2 (2018), J8, J4 and the recently launched Android Go Model Galaxy J2 core with a middling demand, “the IDC report added.

Vivo continued at 35.4 percent

The offline segment registered a slow annual growth of 6.6 percent in the third quarter.

Commenting on the premium end of the market (up Rs 30,000), Joshi said that OnePlus climbed to the leadership position at the back of OnePlus 6, surpassing Samsung and Apple in the third quarter.

With a 2.1 per cent (YoY) growth, the feature phone market registered shipments of 43.1 million units in the 3Q 2018. Shipments for Jio Phone, current radio inventory clearing on the focus of the vendor as the decline has continued.

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