India’s smartphone mkt sets qtr record; Chinese cos hold 76% share: Canalys

Smartphone segment in India rebounded after the lockdown to touch an all-time high of 50 million units in September quarter with Chinese companies collectively holding 76 per cent market share, according to research firm Canalys.

All the top five smartphone vendors – Xiaomi, Samsung, Vivo, Realme and Oppo- saw their shipment grow in the third quarter compared to the year-ago period.

“Smartphone shipments in India recovered in Q3 2020, posting 8 per cent growth to 50 million units (from 46.2 million units in year-ago period). This is an all-time record for smartphone shipments in a single quarter in India,” Canalys said in a statement.