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Xiaomi still kings of the Indian smartphone market with a 31% market share

The company's growth has continued this year. (Source: Business Today)
A report by Canalys has disclosed the current standings in the Indian smartphone market. The world's second-largest smartphone market belongs to Xiaomi, with the company boosting its stock over the first quarter of 2018 to reach an outstanding 31% market share.

Xiaomi finally overtook Samsung to become the biggest smartphone brand in India last year. The company has extended that lead even further through the first quarter of this year, with a report by Canalys showing the company with a massive 31% share of the local market by the end of Q1.

According to Canalys, the company shipped a massive 9 million units in the region. We're quite skeptical of that, of course, as that would mean that Xiaomi likely shipped over 12 million units globally. Misgivings aside, that figure ensures that Xiaomi ended the quarter with 31% of the market in their grasp. Samsung comes in second with 7.5 million shipments and a 25% market share, and OPPO in distant third with 2.8 million shipments.

Xiaomi's success comes as no surprise, of course. The company has released a number of high bang-for-buck devices already this year, with the devices selling like hot cakes in India. The Redmi 5A, for example, is said to have sold 3.5 million units, which is all kinds of impressive for a budget device with an MSRP under US$100.

A company that doesn't seem to have made any headway in the region is Huawei's Honor. The sub-brand claimed its goal was to become the biggest smartphone brand in India by 2020 but, months after that statement, is still yet to appear on the leaderboards.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 04 > Xiaomi still kings of the Indian smartphone market with a 31% market share
Ricci Rox, 2018-04-25 (Update: 2018-04-25)
Ricci Rox
Ricci Rox - News Editor - @riccirox
I'm a freelance copywriter who lives and dies for tech. Android, ​especially. The smartphone market is one going through an impressive growth spurt, so I crawl the Internet with keen interest in a technological ecosystem that doesn't seem to be slowing down anytime soon.