Indian smartphone shipments rose 21.4% during the third quarter
While shipments of 4G phones in India tripled during the third quarter year-over-year, Samsung became the leading manufacturer of 4G handsets in the country replacing Lenovo. Samsung also is the largest smartphone manufacturer in the country overall, partly due to the sequential 13.1% growth rate it had in the third quarter. India's own Micromax, the company behind the successful YU smartphone brand, was next after scoring a 6.4% gain in shipments from the second quarter.
Intex used its production of entry-level handsets priced under $50, to take third place in the Indian market. The company grew its shipments by 9.4% sequentially from July though September. Lenovo moved up to fourth place after growing its shipments 9.4% sequentially in Q3, which dropped Lava down to fifth place. The latter saw its sales decline a sharp 24.9% from the second quarter to the third quarter of this year.