Flipkart, Amazon likely to sell 1.5 crore smartphones in festive sales this year: Report
E-commerce firm Flipkart and Amazon are likely to sell about 1.5 crore smartphones in the country during the festive sales, which will account for over 36 per cent of total expected sales for October-December, market research firm Techarc said on Wednesday.
Overall, 12.8 crore smartphones are estimated to be sold in India in 2020, it said.
The firm estimates that around 4.1 crore smartphones will be sold in the last quarter of 2020.
“The total estimated sales of smartphones for the year are revised at 128 million units, against the earlier estimates of 127 million released in June. Flipkart and Amazon estimated to sell 15 million smartphones during the festive sales period, which is 36.58 per cent of the total estimated sales for the October-December quarter,” the report said.