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Indian smartphone shipments have been down 5 % within the second quarter of 2022 (Q2 2022) as in comparison with the primary quarter of the 12 months (Q1 2022), in line with analysis agency Canalys. A complete of 36.4 million smartphones have been shipped in India in Q2 this 12 months. That is the third consecutive quarter of falling shipments in India for the smartphone market. Among the many recorded knowledge, Xiaomi retained its high place by delivery 7 million models, whereas Samsung and Realme took second and third spots with 6.7 and 6.1 million shipments, respectively.
In line with the analysis report from Canalys, smartphone shipments in India within the second quarter of this 12 months has declined by 5 % compared to Q1 this 12 months. The smartphone market witnessed round 36.4 million smartphones in Q2 2022. Nevertheless, the report additionally mentions that the year-over-year Indian smartphone cargo comparability appears very optimistic, and is up by 12 %. The rationale for this may be the low shipements within the second quarter of 2021 because of the second COVID wave, as per the report.
Picture Credit score: Canalys
Xiaomi, together with sub-brand Poco, maintained its high place with 7 million smartphone models’ cargo having 19 % of market share. It was adopted by Samsung with a detailed 6.7 million models being shipped having 18 % market share. Realme managed to stay on the third spot with 6.1 million smartphone shipments with a 17 % market share.
In the meantime, Vivo and Oppo took the fourth and fifth positions with 6 and 5.5 million models’ shipments, respectively. Vivo captured 16 % market share, whereas Oppo retained 15 % share in Q2 2022, in line with the report.
Different smartphone producers bought 5.1 million models taking the remaining 14 % of the market share.
Oppo and Vivo stayed related to the Indian market with the launch of their new new K10 mannequin and T1 collection. In the meantime, Apple, which is now utilizing India’s PLI scheme to make the iPhone 13 regionally, can help future aggressive pricing.
The report additionally states that the primary purpose for the decrease demand on this quarter was excessive inflation ranges which altered client spending patterns and demand for smartphones. Chinese language manufacturers like Xiaomi, Vivo and Oppo have been additionally underneath scrutiny over tax evasion and cash laundering probes in India.
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