India is now the world’s second largest smartphone market

The Indian smartphone market has seen a strong growth in recent years. A lot of big brands in the industry have been trying to bring their smartphones to India in an attempt to boost sales performance. Apple has begun selling its iPhone models in the country, while Samsung is now leading the market.

According to the latest reports, India officially surpassed the US to become the world’s second largest smartphone market, with more than 40 million units shipped in the third quarter of the year. China remains the number one smartphone market in the world. This comes as no surprise, as China’s population now stands at 1.4 billion, much bigger than that of the US.

Reports also claim that Samsung is now leading the Indian smartphone market. In the third quarter of the year, the South Korean firm shipped 9.4 million smartphone units, while the Chinese side, Xiaomi finished second with 9.2 million units. Tech experts say that Apple is struggling to compete with Samsung and Xiaomi, as these two brands are offering low-end devices in the country.

Other Chinese smartphone brands like Oppo, and vivo have seen steady growth in smartphone sales in India. Apple also reported a strong sales performance, as the company saw iPhone shipments double in Q3/2017.

In China, smartphone shipments hit 110 million units in the third quarter of year. Tech experts say that China will remain its number one position in the Q4/2017, while the US will struggle to reclaim its position.

Apple is planning to open its first retail stores in India. Tech experts say that Apple’s move may allow the company to cut iPhone prices in India. Back in July, sources said that Apple’s iPhone manufacturing partner, Foxconn would open a facility that helps speed up iPhone production. Besides, Apple is planning to set up an OLED factory in an attempt to reduce its alliance on Samsung Display.

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