A number of Chinese smartphone brands, which dominate the Indian market, may take a sharp hit due to the COVID-19 crisis that has engulfed the world's second largest phone market.
The Chinese realme smartphone brand has recorded 132% growth quarter-on-quarter in the third quarter, to become the fastest to reach 50 million shipments, the technology analyst firm Counterpoint Research says, quoting figures from its Market Monitor service.
For the second year running, Nokia smartphones, made by HMD Global, have topped the trust rankings of technology analyst firm Counterpoint Research. Software, security, build quality and enterprise-recommended devices were considered for the rankings. OnePlus was ranked second.
Global smartphone shipments have fallen below 300 million units for the first time in a quarter, falling 13% year-on-year during the first quarter of 2020, the technology analyst firm Counterpoint Research says, adding that this is the first time since 1Q 2014 that the number of units shipped has fallen below this figure.
India became the second biggest market for shipments of smartphones in 2019, surpassing the US, the technology research firm Counterpoint Research claims, with growth of 7% year-on-year driving the rise to 158 million units. The growth for the fourth quarter of 2019 was also 7%.
Thirty-seven million smartphone units were shipped to India in the second quarter of 2019, a record for this period, according to the analyst firm Counterpoint Research, which said the growth was due to new launches, price cuts on existing products and channel expansion across brands.
A shade over 400 million feature phones will be sold globally in 2019, the analyst firm Counterpoint Research has predicted, adding that shipments of this class of device are expected to cross a billion units by 2021.
The global smartphone market saw its first full-year decline in the calendar year 2018, with a drop of 4% in shipments, the analyst firm Counterpoint Research claims, adding that fourth quarter shipments also fell, by 7%, making it the fifth straight quarter of declines.
Chinese smartphone brands OPPO, Xiaomi and vivo have achieved their highest quarterly shipments in the third quarter of 2018, despite the overall shipments showing a drop of 3% year-on-year, the technology analyst firm Counterpoint Research claims.
The segment of the smartphone market designated as "premium" by analyst firm Counterpoint Research — devices that cost more than US$400 — was dominated by Apple in the second quarter of the year, with the company capturing 43% share.
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