Tuesday, 18 August 2015

Nearly half the smartphones shipped in India cost under $100

"While both China and India offer a huge consumer base, there are few differences between the two markets including:
In the latest quarter, almost one-fifth of the smartphones sold in China were sub-US$100, while in India almost 50% of all smartphones shipped during the same period were in this price segment;
Apple has 19 Apple Stores in China at present, whereas India doesn’t have an Apple Store;
The high-end Galaxy S6 and S6 Edge had a small contribution to the total Samsung smartphone sales in India, but a considerably larger contribution in China;
Unlike China, we don’t expect the Indian consumer to make a quick switch to the smartphone, and vendors should keep in mind that they are here for the long haul."
Source:  Press release from IDC, 11th August 2015

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