According to Singapore-based research firm Canalys, with more than 40 million smartphones shipped to India in the third quarter of 2017, India surpassed the United States to become the second-largest smartphone market. Shipments in Q3 grew 23 percent year-over-year in India, putting it in second place right behind China. Samsung...
Regional Languages Drive India's Smartphone Sales Further
With nearly as many smartphone users as the U.S. has people, India is already one of the world's hottest mobile markets, with America's Apple, Korea's Samsung, China's Oppo, Vivo and Xiaomi jostling for market share with Indian brands such as Micromax. India's 300 million smartphone users could grow by more than...
Investor Outlines Macro Trends in India
Macro thinker and author of the institutional newsletter, Global Macro Investor, Raoul Pal, identifies big trends ahead of time and has 24,000 Twitter followers. He enunciates that the next big macro idea is India. Pal says, "India has built the world’s first national digital infrastructure, leaping at least two generations...
Samsung to Expand in India with $760 Million Investment
Samsung announced an investment of $763 million in India to expand its plant at Noida in the northern state of Uttar Pradesh, where it manufactures smartphones, refrigerators, and TVs. Android Authority reports that the company added an additional 35 acres of land adjacent to the current facility to double the...
India's Jio Hopes to Be World's Fifth Largest Telecom Operator
Reliance Jio, which launched India's first nationwide LTE network in September 2016, signed up more than 100 million 4G subscribers in less than six months. South Korea's Samsung is Jio’s sole LTE network provider. End February this year, Jio and Samsung extended their partnership, and announced plans to enhance the...
Apple Discussing with Government on Manufacturing in India
Apple Inc., has written a letter to the federal government in India outlining its plans to seek financial incentives in an effort to gain market share in the country where 97% of all smartphones run Android, reports Buzzfeed. Earlier in June, the government allowed single-brand retailers like Apple to open...