Samsung holds on to the top position in India among smartphone manufacturers
Despite shipments that are trending lower, Micromax finished behind Samsung with 15.3% of the Indian smartphone market after the first quarter. That is a decline from the 16.7% slice of the Indian smartphone pie that it owned after last year's first quarter, and the 19.5% Micromax owned after Q4 2014.
Intex, Lava and Lenovo finished third, fourth and fifth respectively. All three brands finished the first quarter with a larger share of the Indian smartphone market than the amount they held during last year's first and fourth quarters.
Counterpoint also notes that strong marketing and buyback deals helped Apple iPhone shipments in the quarter. Last year it took Apple 12 months to sell one million iPhone units in the country. This year, it is close to reaching that number of sales in half of the time. Lumia shipments were also strong in India, growing 20% year-over-year for the first quarter. The Microsoft Lumia 535 was a standout performer. While Chinese manufacturer Xiaomi reported lower shipments for the first quarter of this year, Counterpoint says that it was among the top shippers of 4G LTE flavored smartphones into the country. Top Xiaomi models included the Xiaomi Mi Note 4G and the Xiaomi Redmi 2 4G.
Overall, India is now the third largest smartphone market in the world, shipping twice as many smartphones in the first quarter of this year as Japan did.
source: CounterpointResearch via fonearena