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Chinese vendors triple smartphone share in India

John Ribeiro | Aug. 11, 2015
Chinese vendors tripled shipments year-on-year in the second quarter in the Indian market, indicating that low-cost vendors are posing a challenge to global players like Apple in a very price-sensitive market.

IDC said it does not expect Indians to switch quickly to smartphones, and vendors should keep in mind that they are in the country "for the long haul." However, it expects India to maintain a double digit growth rate in smartphones over the next few years as people move to smartphones and gradually upgrade to 4G versions as well.

By 2017, IDC expects India to overtake the U.S. to emerge as the second largest smartphone market worldwide. The one big difference: the smartphones sold in India will be a lot cheaper than those in the U.S. where flagship phones are dominant.

 

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