Smartphone Market

Israel-based unified communications company Tadiran Telecom plans to invest at least USD 10 million (about Rs 80 crore) annually to manufacture IP telephones in India, a top company official has said. IP telephones support multiple communication functions, including conference calls through apps, and are generally used in business organisations. The company has partnered with DCM Shriram for manufacturing IP phones. Tadiran Telecom CEO Moshe Mitz, on the sidelines of an event to announce its manufacturing plan in India, said the company is likely to invest more every year in the second phase of production expansion, which will include Software development. "We plan to make 1,00,000 IP telephones in India every year. This is a conservative number. We have allocated USD 10 million for one year for our manufacturing project. Investment will increase based on the performance," Mitz said. Tadiran has been operating in India for the last 26 years through channel partners. Mitz said tha

Apple recorded all-time records in revenue and shipments in the September quarter, while Samsung slid

In Q3 smartphone shipments, India accounted for 15.5 per cent of global shipments, second only to China, which led with a 22 per cent share

Samsung, prioritising its flagship Galaxy S series and enhancing its value-driven portfolio, led the market by value with a 23 per cent share

Mobile phones priced in the range of Rs 10,000-20,000 dominate the country's smartphone industry, constituting over 40 per cent of the total market size, according to Infinix India CEO Anish Kapoor. Kapoor said the demand for 5G-enabled handset has increased in the recent past and devices priced between Rs 10,000 and Rs 20,000 see higher demand as compared to those priced below Rs 10,000 that used to dominate the market earlier. The stagnancy, which was in the market for the past two years, has changed, and the market has once again started to grow back, said Kapoor who was in Lucknow on Thursday for the launch of the company's latest smartphone Note 40X 5G. "...earlier the phones which were priced under Rs 10,000 used to dominate the market in India, and it was around 35 per cent to 40 per cent. Now, the major market has gone to the mobile phones priced in the range Rs 10,000 to Rs 20,000 now, which is close to 43 per cent," Kapoor told PTI. He attributed the new trend to users' .

Announcing the Stage 1 winners of its Community Project Edition, Nothing unveiled the Phone 2a concept with green-tinted phosphorescent material on the back that it said emits a soft glow in the dark

Average selling prices for handsets are rising, as consumers increasingly opt for premium models that they intend to hold on to for longer, IDC's researchers found

Smartphone maker Realme India aims to garner the highest share in the Rs 15,000-25,000 mobile phone segment this year with the launch of a new portfolio of devices under P series, a senior company official said. While sharing the plans on the P series, Realme India business strategy lead, Tarini Prasad Das told reporters that in 2024, the company aims to achieve the 50 million smartphones sales cumulatively under its partnership with Flipkart. "We aim to lead the Rs 15,000-25,000 smartphone segment this year overall with the launch of the P series. The P series itself is expected to lead the segment," Das said. Realme is among the top five smartphone brands in terms of volume market share. The company had 12 per cent market share in 2023. The company plans to launch the P series in the second week of April in sub-Rs 20,000 price range. Das said that both offline and online sales contribute equally to overall business of Realme and the company is looking to consolidate its leadersh

Lower tariffs on components is key to India's ambitions to attract smartphone manufacturers

Nothing is expected to launch a pair of wireless audio accessories under CMF brand alongside the Phone (2a) smartphone on March 5

In the letter, Xiaomi India President Muralikrishnan B. said India needed to work on 'confidence building' measures to encourage component suppliers to setup operations locally

Korean mobile devices maker Samsung led the Indian smartphone market with an 18 per cent share in 2023, market research firm CyberMedia Research said in a report on Monday. In the December quarter, however, Chinese company Xiaomi had the highest market share, the report said. According to CyberMedia Research (CMR) estimates, the India smartphone market grew 19 per cent on a year-over-year (y-o-y) basis and the share of 5G smartphone shipments increased to 65 per cent with a 122 per cent growth. "Samsung maintained its leadership in the smartphone market with an 18 per cent market share, followed by Vivo at 16 per cent in calendar year 2023. In the 5G smartphone segment also, Samsung topped the leaderboard with 23 per cent followed by Vivo at 15 per cent and OnePlus at 13 per cent," CMR's India Mobile Handset Market Review Report said. In the December quarter, the overall mobile market shipments recorded a growth of 29 per cent. "Xiaomi (19 per cent), Samsung (18.9 per cent), and V

According to IDC, Apple recorded an all-time high market share of over 20 per cent in 2023, driving it ahead of Samsung that recorded a market share of 19.4 per cent in the same year

The data showed that global monthly smartphone sell-through volumes grew 5%, making October the first month to record year-on-year growth since June 2021

The recent launch of a well-received line of flagship Xiaomi 14 phones could rejuvenate growth during the holidays in China, despite an uncertain consumer economy

Home-grown mobile devices maker Lava International expects to capture 10 per cent market share in under Rs 30,000-priced smartphone segment on account of up to Rs 600 crore investment in product development and marketing in the next two years, a senior company official said. Lava International President Sunil Raina told PTI that at a time when several Indian mobile phone companies succumbed to the pressure of aggressive pricing of foreign players around 2016-17 coupled with challenges posed by demonetisation and GST implementation, Lava focussed on its core strength and re-worked on the growth strategy. The company relaunched its smartphone business with a small pause with focus on customer experience around devices and providing repair service at home, Raina said. He said that the company has realised that technology has to be competitive for growth along with visibility. "With branding and product development, we will invest Rs 500-600 crore in the next two years with a large par

"Asia is one of the major hurdles to positive growth, as headwinds halt the economic turnaround anticipated for China," the report said

Mobile devices maker TECNO plans to corner a 7 per cent market share in the Indian smartphone market by the end of this year and be among the top five players next year, a senior company official said on Friday. TECNO Mobile, which is owned by China-based Transsion, earlier focussed on affordable and medium-range smartphones but it has now entered into premium and ultra-premium segment this year which has been a high growth segment across the industry. "We are looking to close a 7 per cent market share by the closing of this year and we aim to feature in top 5 players by the next year. We will strengthen our portfolio in the price range of Rs 6,000 to Rs 1 lakh with a product for everyone," TECNO Mobile India CEO Arijeet Talapatra said. He was speaking on the sidelines of the company's annual event, 'World of TECNOlogy' after unveiling the POVA 5 series and MEGABOOK laptop on its inaugural day. "POVA is the online exclusive sub-brand of Tecno which is targeted toward the digital ..

Though overall shipments declined for the fourth consecutive quarter, their magnitude reduced significantly, from 19 per cent YoY in Q1 to 3 per cent in Q2

Both the smartphones will be available for pre-booking on July 6 from 1 pm on Amazon India and Realme online store