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Shipment of smartphones to India declined for the first time in fourth quarter of 2014

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ANI Washington

According to International Data Corporation (IDC), shipment of smartphones to India declined for the first time in the last quarter for the first time due to a surplus of inventory left over after India's festive season in October and November.

According to Tech Crunch, smartphone shipment dropped by four percent for the first time in the last quarter.

IDC firm found that smartphones accounted for 35 percent of all mobile phones shipped in Q4 2014, a considerable increase from 13 percent a year ago.

IDC said that smartphone shipments to India will continue to be slow in first quarter of 2015 as vendors sell off their remaining inventory.

 

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First Published: Feb 26 2015 | 12:59 PM IST

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