For the last few months, there is pressure on the smartphone market due to economic slowdown and some other reasons. Smartphone shipments in the country fell 16 per cent year-on-year to 31 million units during the January-March quarter. Shipments of Chinese smartphone makers Realme and Xiaomi declined the most in the last quarter.
Market research firm IDC Report It has been said that the growth of the country’s smartphone market can remain flat. According to this report, “31 million smartphones were shipped in the country in the first quarter of this year. This is a decline of 16 percent on a year-on-year basis. This is the lowest shipment in the first quarter in four years.” South Korean electronics company Samsung retained its number one position in the market with a share of 20.1 percent despite a drop in shipments. China’s Vivo (17.7 percent) is in second place. Oppo was the only company to achieve growth in the first quarter. Its market share is 17.6 percent. China’s Xiaomi’s shipments were down 41.1 percent to about 5 million units. Its market share is down to 16.4 percent, from 23.4 percent in the year-ago period.
Apart from this, the shipments of Realme were reduced by almost half to 29 lakh units. Its market share has dropped to 9.4 percent. “Weak consumer demand due to uncertainty in macroeconomic conditions. In addition, inventories have also increased due to excess stock build-up in the second half of last year,” IDC said.
of mobile phones from the country in the last financial year. export Has increased to $ 11.12 billion (about Rs 90,000 crore). iPhone maker Apple accounts for almost half of this export. India is an important market for Apple. The company’s sales have reached a high level in the country. Apart from this, Apple has also made preparations to increase the production of iPhone in India. In the previous financial year, the export of mobile phones was around Rs 45,000 crore. Samsung’s share in mobile phone exports was about 40 percent. The company has exported around Rs 36,000 crore in this segment. The contribution of third-party exports was about $1.1 billion (about Rs 9,014 crore). These firms export phones of all brands made in the country.