Samsung continues to lead the Indian smartphone market
Although it is a heaven for affordable handsets, India is a key market for the big players in the industry as well. After all, the fact that Apple opened a local production facility should say a lot about the potential of this area. However, Samsung continues to lead the Indian smartphone market, followed by no less than four Chinese brands.
In the last quarter of 2016, the local brands were kicked out of the top 5. For now, they are still unable to bounce back. The data delivered by market research company Counterpoint Research for this year's second quarter reveals the following top five smartphone manufacturers: Samsung, Xiaomi, Vivo, Oppo, Lenovo.
The numbers look good for Samsung, although the Chinese underdogs might hit them hard in the coming quarters. For now, the South Korean giant leads the Indian smartphone market with a 24.1 percent market share, who also holds a solid lead in the premium sector with 55 percent.