Xiaomi overtakes Samsung in India

Business Insider | 1/25/2018 | Rayna Hollander
red815 (Posted by) Level 3
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Chinese smartphone vendor Xiaomi beat out Samsung as the No.1 smartphone vendor in India by shipments in Q4 2017, according to estimates from Canalys. During the quarter, Xiaomi shipped 8.2 million smartphone units in India, well above that of Samsung, which shipped 7.3 million smartphone units.

Xiaomi has been slowly increasing its shipment share and riding Samsung’s tail in India since its entry in 2015. And by Q3 2017, Xiaomi boosted its market share in India’s smartphone market to 23.5%, placing it on par with Samsung in the smartphone segment. Collectively, Xiaomi and Samsung account for 52% of India’s smartphone market. Overall smartphone shipments in India grew 6% to reach just under 30 million units in Q4 2017.

Xiaomi - Efforts - India - Smartphone - Market

Xiaomi’s been doubling down on its efforts in India to capture the enormous and growing smartphone market the country represents.

India is the company’s biggest market outside of China. Xiaomi tied with Samsung as India’s top smartphone vendor in terms of shipments in Q3, according to IDC. Xiaomi nearly tripled shipments year-over-year (YoY) in India and accounted for a quarter of India’s total smartphone shipments.

India - World - Smartphone - Market - Terms

India recently became the world’s second-largest smartphone market in terms of shipments after China. This growth is expected to continue as data and...
(Excerpt) Read more at: Business Insider
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