Finance & Markets

Samsung Exports 9.9 Million Handsets In India For Q2 2018

Making a sturdy return, Samsung exported 9.9 Million handsets in India in the quarter two of this year. It registered almost 50% yearly development rate. This is its best since the quarter four of 2015. The data was given by Canalys, Singapore-located market research firm, to the media this week.

Xiaomi, the Chinese handset maker, also exported 9.9 Million handsets and this is the most excellent quarter, which both the firms has had in the nation, claimed the report. Collectively, the 2 firms now add up for 60% of entire shipments in the country, which is up from 43% a year back.

“Samsung is returning back. It has rolled out handsets pitted directly in opposition to Xiaomi’s series and is aiming on its imaging & cameras abilities with ‘Background Blur Shape’ and ‘Portrait Dolly’ features,” claimed Analyst at Canalys, TuanAnh Nguyen, to the media in an interview.

Samsung “J2 Pro” was the leading handset in the quarter two, with 2.3 Million units exported in India. In contrast, Xiaomi exported 3.3 Million of its “Redmi 5A” handset model.

“In spite of Xiaomi’s increasing status in India, Samsung will stay the first option for users. Its supply chain mastery and technical prowess will carry on giving it an edge over Xiaomi for the predictable future,” claimed the report. In the meanwhile, Xiaomi increased its shipments more than 2 times. One more Chinese company Vivo took the 3rd spot while OPPO grabbed the 4th, with exports of 3.6 Million & 3.1 Million, respectively.

On a related note, it appears that Samsung can win the race to making foldable handsets for the users soon. Samsung is allegedly all ready to roll out its first foldable handset code-named “Winner” by early next year. The handset will look akin to a 7-inch tablet with almost bezel-less screen.

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