Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues on the way! CTOnews.com, May 2 (Xinhua)-- smartphone shipments in India fell 19% year-on-year to more than 31 million units in the first quarter of 2023 (January to March), the biggest decline in the Indian smartphone market in the first quarter and the third consecutive quarter of decline, according to Counterpoint Research official news.

The decline is due to low market demand, a high inventory backlog in 2022, consumers' growing preference for refurbished mobile phones and channel vendors' pessimistic attitude towards the market.

In addition, according to brand data, Samsung has a 20% share, leading the Indian smartphone market for the second consecutive quarter, ranking first among 5G brands. Vivo ranked second and Xiaomi fell to third. One plus is the fastest growing brand, followed by Apple.

▲ source Counterpoint ResearchCTOnews.com Note: Xiaomi data including POCO,OPPO data does not include one plus, vivo data includes iQOO.

India's 5G smartphone shipments accounted for 43% of total smartphone shipments in the first quarter of 2023, an all-time high, the report said.

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