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Xiaomi is edging closer to toppling Samsung as India's smartphone king

Xiaomi is seeing rapid growth while Samsung has been largely stagnant, reports Tech in Asia

Steven Millward | Tech in Asia 

Xiaomi
Xiaomi | Photo: Wikimedia Commons

Samsung, India’s long-standing king of smartphones, is facing its biggest ever threat in the nation of 1.3 billion. A new challenger – in the form of China’s – is growing strongly, and it’s now edging tantalisingly close to toppling Samsung’s statue.

Korea’s now has 24 per cent of India’s shipments, versus a fast-rising 17 per cent from Xiaomi, according to data this week from IDC.

Chart

 

While has recently been struggling in its native China as shoppers have switched to more premium-looking phones from the likes of Huawei and Oppo, India is a bright spot for the gadget-making start-up.

Growth spurt

Xiaomi, which first launched in India mid-2014, is seeing rapid growth whilst has been largely stagnant for several years.

chart

 

Xiaomi’s strong surge comes a few months after Chinese brands hit a new milestone in India, passing a collective 50 per cent of the market for the first time.

Xiaomi is edging closer to toppling Samsung as India's smartphone king

A few more stats from IDC’s India report for the April to June quarter:

  • Chinese brands stretched their lead further to 54 per cent
  • Xiaomi’s Redmi Note 4 is nation’s most popular model
  • 28 million smartphones and 34 million dumb phones shipped

dishes its own India data:

  • opened its first store in the country in May
  • Plans to open 100 stores in the next two years
  • Stores essential to growing sales in places where people are less familiar with online shopping, which initially relied on for sales
  • Already, sees 20 per cent of sales from offline retail
  • Now has two Indian factories

This is an excerpt from Tech in Asia. You can read the full article here

First Published: Mon, August 21 2017. 15:07 IST
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