According to the latest research from Counterpoint’s Market Monitor service, India’s smartphone market returned to double digit growth (18%) year-over-year (YoY) after flat first quarter growth. The feature phone market continues to outpace the smartphone market with a YoY growth of 21%.
Alas, Apple had a slow quarter as it underwent changes in its distribution strategy. Apart from this, its domestic assembling is yet to pick-up pace, which means the tech giant is still relying on imports for its sales in India. Apple had 1% market share during the quarter, its lowest in recent history, according to Counterpoint Research.
Samsung regained the leading position after ceding it to Xiaomi two quarters ago. However, Xiaomi did record its highest ever shipments in India during the second quarter of 2018.