Satoshi Nakamoto Blog
Image default
Uncategorized

Xiaomi, Samsung and Realme account for 57% of smartphone sales in Diwali: Report- Technology News, Firstpost


Three smartphone players  Xiaomi, Samsung and Realme  captured 57 percent of the Indian festive sales volumes as smartphone sales in the Diwali season (9 October – 8 November) grew 26 percent year-on-year (YoY) compared to the same period last year, a new report said on 28 November.

According to market research firm Counterpoint Research’s “Market Pulse”, this was driven by e-commerce platform Amazon India and Flipkart’s series of online sales and OEM promotions (such as Mi.com) that offered deep discounts and no-cost EMI on debit and credit cards.

Representational image.

“Flipkart stood out due to the most number of exclusives while Amazon benefited from the launch of OnePlus 6T,” Karn Chauhan, Research Analyst, Counterpoint Research, said in a statement.

While Xiaomi dominated the season with record performance, thus, widening gap with rivals, smartphone player Realme witnessed a record performance for any new brand ever in India, becoming the second largest brand across the e-commerce channels.

“Top three smartphone brands, Xiaomi, Samsung and Realme captured 57 per cent of the overall Diwali festive season smartphone sales. Xiaomi widened the gap with Samsung which still did relatively well in offline channels, capturing 30 per cent share,” said Tarun Pathak, Associate Director, Counterpoint Research.

“Newly-launched player Realme had a record festive performance for any new brand ever in India. Realme immediately captured 9 per cent share jumping to the third spot in overall sales volume performance. Huawei had a strong performance in online segment while Vivo performed exceedingly well in offline channels,” Pathak said.

“Emerging brands such as OnePlus, Pocophone, Asus and HMD Nokia also registered strong uptake during the festive season due to the new launches ahead of the festive sale period. Meanwhile, Apple’s new iPhones had a lukewarm response for its new and older iPhone models,” said Hanish Bhatia, Senior Analyst, Counterpoint Research.





Source link

Related posts

Legal war looms over Trump move to declare border emergency

satoshi

WeWork halts rollout of Alexa for Business

satoshi

Overstock’s Security Token Trading Platform to Give Investors Control Over Token-Holdings

satoshi

The proof is in: Devops and cloud go nice collectively

satoshi

Bush Funeral, Emissions, Facebook: Your Wednesday Evening Briefing

satoshi

Moody’s projects increase in foreign investments flowing into Russia — RT Business News

satoshi