New Delhi: Three smartphone players — Xiaomi, Samsung and Realme — captured 57 per cent of the Indian festive sales volumes as smartphone sales in the Diwali season (October 9-November 8) grew 26 per cent year-on-year (YoY) compared to the same period last year, a new report said on Wednesday.
According to market research firm Counterpoint Research’s “Market Pulse”, this was driven by e-commerce platform Amazon India and Flipkart’s series of online sales and OEM promotions (such as Mi.com) that offered deep discounts and no-cost EMI on debit and credit cards.
“Flipkart stood out due to the most number of exclusives while Amazon benefited from the launch of OnePlus 6T,” Karn Chauhan, Research Analyst, Counterpoint Research, said in a statement.
While Xiaomi dominated the season with record performance, thus, widening gap with rivals, smartphone player Realme witnessed a record performance for any new brand ever in India, becoming the second largest brand across the e-commerce channels. (IANS)
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