Samsung India expects 40% growth in smartphone segment in Q4

Samsung India on Thursday said it expects to clock 40 per cent year-on-year growth in value terms in its smartphone business in December quarter on the back of an aggressive lineup of products and initiative to make devices more affordable. Samsung, which has reclaimed the top spot in the Indian smartphone market from Xiaomi after two years, said the company has been bringing in devices straddling across price points to cater to different segments of the markets.

“We have had a slew of launches to make available a rich portfolio of devices during the festive season. We have launched 12 smartphones in the last 2-3 months straddling across premium phones like the Fold 2 to the M series, A series and F series,” Samsung India Senior Vice President Asim Warsi told.