Per Framingham, MA-based IDC or International Data Corporation’s Asia/Pacific Quarterly Mobile Phone Tracker, India smartphone market shipped 142.3 million units in 2018, 14.5% year-on-year growth. Upasana Joshi, associate research manager, Client Devices, IDC India, adds: --> Shipments of the online-exclusive portfolios of Xiaomi, Honor, Realme, Asus, OnePlus among others, further...
India Announces Changes to FDI Policy for E-Commerce
India's Ministry of Commerce and Industry released new changes to the FDI policy for the e-commerce sector which aim to cut predatory pricing and deep discounting by large e-commerce retailers to ensure a "level-playing field" for smaller and multi-channel players, as well as the brick and mortar retailers. The guidelines...
Chinese Companies Top India's Smartphone Market
India, the world's second largest market for smartphones, is currently a key battleground for a number of phone makers from China, Taiwan, and South Korea. As smartphone shipments slow in many parts of the world, India’s handset market continues to grow. According to research firm Counterpoint, in July forty-two different...
Is China Losing Ground to India in Manufacturing?
In an article written in Chinese by Wang Xinxi and published by Sina Tech, the author shares reasons why India is starting to threaten China's dominance in some parts of the manufacturing sector. In the mobile phone manufacturing business, global players such as Samsung, Apple, Foxconn, have invested in India-based...
China's Xiaomi Expands Manufacturing Base in India
China's Xiaomi will inaugurate three new factories in India as its smartphones sell more than those of any other company in India. These plants are in partnership with Taiwan's electronics firm Foxconn. Additionally, Xiaomi and Foxconn will work together on a new plant in the southern state of Tamil Nadu...
India Overtakes U.S. to Become 2nd Largest Smartphone Market
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...