Xiaomi Leads India Smartphone Shipments in Q3 2018

New Delhi: With a 27 per cent market share, Chinese handset maker Xiaomi dominated India smartphone shipments in the third quarter of this year, Counterpoint Research said on Tuesday. India smartphone shipments during the July-September period of this year grew 24 per cent sequentially and five per cent year-over-year, the report said. Xiaomi, which recorded its highest ever shipments in India in a single quarter driven by the new Redmi 6 series and expansion in offline channels, was followed by Samsung (23 per cent), Vivo (10 per cent) Micromax (nine per cent), and OPPO (eight per cent).

“India’s shipments surpassed those of the US during the quarter; the second time this has occurred,” said Karn Chauhan, Research Analyst at Counterpoint. The top five brands captured 77 per cent share of the total smartphone market during the quarter, the report said, adding that the smartphone segment contributed to half of the total handset market during the July-September period of this year. “The record shipments happened at a time when the Indian Rupee has hit a record low against the US Dollar,” Counterpoint Research Analyst Anshika Jain noted. (IANS)