Shulou(Shulou.com)05/31 Report--

Xiaomi's recent situation in the Indian market is not optimistic. As a result, its accounts were recently arrested and the company accused of laundering money to reduce taxes. Another blow is to users themselves, who are less willing to buy the company's equipment. As a result, the most critical competitor bypassed Xiaomi in the Indian market in March. We're talking about three stars.

Analysts at Counterpoint Research concluded that Samsung became India's No. 1 company in the first month of spring, accounting for 22 percent of delivered equipment and 27 percent of all profits ending up in the company's coffers. Compared to the same period last year, revenue increased by 9%. One of the reasons for the company's one-month success was the good sales of the Galaxy S22 series; and the new Galaxy M, A and F series.

"At Samsung, customers are at the heart of everything we do. Our recently launched flagship Galaxy S22 series and Galaxy A series witnessed strong consumer demand; making March our record month. The extraordinary growth in March indicates that Samsung achieved strong double-digit growth in the current quarter from April to June 2022. Our effort is to constantly listen to customer feedback and continue to deliver mobile experiences that allow us all to evolve,"said Raju Pullan, Senior Vice President of MX Business, Samsung India.

Samsung posted a press release on its website about its success in India, along with future plans. As a result, the company hopes to increase its share of the Indian market to 40% in the first half of 2022. In addition, the main focus is on Galaxy A13, Galaxy A23, Galaxy A33, Galaxy A53 and Galaxy A73 models.

Samsung led the Indian smartphone market in March 2022 with 22% shipments and 27% revenue share; according to Counterpoint Research Monthly India Smartphone Tracker. The timely expansion of the product portfolio, the expansion of 5G capabilities to the M, F and A series, and the strong absorption of the Galaxy S22 and foldable flagship series helped Samsung regain its leadership position. This growth is commendable given the supply chain constraints facing the entire industry; Samsung is better positioned to cope with shortages with its vertically integrated supply chain expertise and scale. Neil Shah, vice president of research at Counterpoint, said Samsung has gained momentum to leverage and maintain its lead.

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