Overview:
India’s smartphone shipments declined 27% YoY to reach over 14 million units in Oct. The YoY decline, which is the first ever for a festive season month was attributed to lower-than-expected sell-out and brands sitting on inventory even post online sales.
Chinese brands share declined to 70% in Oct 2022 due to higher shipments from Samsung and Apple. The top five smartphone brands contributed 71% share in the overall shipments in Oct 2022. India’s smartphone market ASP (average selling price) grew 27% YoY. The Ultra-premium price band ($650+) share hit double digits for the first time ever.
...Existing Subscriber?
Sign in to continue reading
New to Counterpoint?
Register to our service
Category
Contact us