Smartphone shipments in India grew 23% in Q3 2016: Report

    Smartphone shipments in India grew 23 per cent annually in the third quarter of 2016 as compared to the global smartphone market which grew at five per cent, market research firm Counterpoint Research said on Thursday.

    Smartphone shipments in India grew 23% in Q3 2016: Report

    The feature phone shipments grew two per cent year-on-year and 23 per cent quarter-on-quarter as feature phone to smartphone transition slowed down in recent quarters.

    SEE ALSO: Why Twitter lay off 9% staff and killed its Vine app?

    Further, eight out of every 10 LTE-capable smartphones were VoLTE-ready which is becoming a key feature from marketing perspective for OEMs and carriers, the report said.

    "The demand for smartphones is being fuelled by growing importance of being uber-connected which is further catalysed by rollout of LTE networks," said Karn Chauhan, Research Analyst at Counterpoint Research.

    Samsung still dominates the feature phone and smartphone market but its overall market share declined sequentially by four percentage points even though it registered a record quarter in shipment volumes in the country.

    Smartphone shipments in India grew 23% in Q3 2016: Report

    Micromax maintained the second spot in smartphone space though closely followed by Lenovo.

    Intex slipped to the fourth spot in mobile phone market and in smartphone segment Intex was surpassed by LYF and Xiaomi.

    SEE ALSO: 5 Things To Keep in Mind Before an Online Smartphone Purchase This Diwali

    "Oppo and Vivo, the star performers in their domestic market continue to exercise their strategy of expanding offline distribution, aggressive promotions and attractive retail margins, saw their shipments grew 272 per cent year-on-year and 437 per cent year-on-year respectively during third quarter of 2016," the report added.

    Source IANS

    Read More About: smartphones mobiles india news

    Stay updated with latest technology news & gadget reviews - Gizbot

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more