Around the World Asia Business Smartphones

Xiaomi knocks Samsung off its perch to claim top spot for smartphone sales in India

(SCMP)– Smartphone maker Xiaomi has finally topped the sales chart in India, ending Samsung’s six-year reign in a market increasingly dominated by Chinese firms.

The Beijing-based company shipped 8.2 million smartphones during the fourth quarter of 2017, outstripping its South Korean rival’s 7.3 million units, according to a report published by Canalys on Wednesday.

Xiaomi entered the country in July 2014 and now commands a 27 per cent share of the smartphone market, just ahead of Samsung on 25 per cent.

According to a report by Counterpoint Research, also released on Wednesday, Xiaomi led smartphone shipments with 25 per cent of the total in the last quarter, ahead of Samsung’s 23 per cent.

Both sets of figures represent a remarkable increase for Xiaomi, which had only a 9 per cent share of the Indian market in the same three-month period of 2016, a long way behind Samsung on 24 per cent.

Xiaomi, often dubbed the “Chinese Apple”, has identified India as its next growth engine as it faces increasingly stiff competition in its home markets and looks for diversified, long-term earnings channels to shore up its plans for an IPO this year.

Xiaomi’s persistence in a market it only entered three years ago has paid off, according to Ishan Dutt, a Canalys research analyst. He said the key reason for its success lies in the autonomy it granted its Indian unit, letting it run the business locally.

“Localisation in channel strategy, marketing and products has been evident in Xiaomi’s Indian operations,” said Dutt.

India has emerged as the top priority for electronics and software maker Xiaomi – above even the Chinese market, according to founder and chief executive Lei Jun. He said previously the company has adopted an “India No 1” strategy, which includes design, research and development, manufacturing and supply.

Xiaomi, often dubbed the “Chinese Apple”, has identified India as its next growth engine as it faces increasingly stiff competition in its home markets and looks for diversified, long-term earnings channels to shore up its plans for an IPO this year.

Xiaomi’s persistence in a market it only entered three years ago has paid off, according to Ishan Dutt, a Canalys research analyst. He said the key reason for its success lies in the autonomy it granted its Indian unit, letting it run the business locally.

“Localisation in channel strategy, marketing and products has been evident in Xiaomi’s Indian operations,” said Dutt.

India has emerged as the top priority for electronics and software maker Xiaomi – above even the Chinese market, according to founder and chief executive Lei Jun. He said previously the company has adopted an “India No 1” strategy, which includes design, research and development, manufacturing and supply.

Source:: SCMP

About the author

Anane Ebenezer

I am from Ghana (West Africa).My core aim for developing TechGenez is to "Connect People All Over The World to the World of Technology". God Bless You for passing by.

Add Comment

Click here to post a comment

Translate »