LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » Companies News

Chinese smartphone makers' India revenues jump 180%

The revenues of Chinese brands keep growing as Indian smartphone brands continue to lose market share.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Chinese smartphone makers' India revenues jump 180%
Xiaomi executives at the launch of a new smartphone. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Fri, May 19, 2017
05:24 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Chinese domination shrinks India smartphone brands market share to only 13.5% Chinese domination shrinks India smartphone brands market share to only 13.5%
Motorola launches entry-level Android smartphones Moto C, Moto C Plus Motorola launches entry-level Android smartphones Moto C, Moto C Plus
Motorola's line-up for 2017 to introduce entry level Android smartphone Moto C series Motorola's line-up for 2017 to introduce entry level Android smartphone Moto C series
Meizu launches M5 smartphone for Rs 10,499; ties up exclusively with Tatacliq Meizu launches M5 smartphone for Rs 10,499; ties up exclusively with Tatacliq
Xiaomi jumps to second place in smartphone shipments to India; Samsung retains top spot Xiaomi jumps to second place in smartphone shipments to India; Samsung retains top spot
Key highlights:
  • Revenues of Chinese vendors grew by 180% in Q1 2017
  • Micromax was the only Indian brand to feature in the top 5 in the overall mobile handset market
  • India's mobile handset market saw an 8% sequential decline

Showing growing dominance in India, Chinese smartphone makers' revenues grew by 180% in January to March period of the current year as against the same quarter last year. 

In volume terms, these vendors captured 40% of the market during the quarter, and in value terms, about 49% of the market was invaded, according to a CMR report.

Source: CMR Report

The battle between the Chinese brands and Indian brands in the mobile phone market has intensified. However, it seems that the former has got the better of the latter.

Micromax was the only Indian brand to feature in the top five while Samsung dominated the market with a 26.23% market share, followed by Chinese brand Itel with 8.58%, Xiaomi 6.37% and Vivo 6.07%. 

ALSO READ: Chinese domination shrinks India smartphone brands market share to only 13.5%

In terms of revenues, the ranking of some of the players is undergoing a change. While in Q1 CY 2016, Samsung, Apple, Micromax, Lenovo and Intex were the top five players with 35.2%, 10%, 9.7%, 8.3% and 6.5% market shares, respectively. 

Source: CMR Report

During Q1 2017, Samsung, Xiaomi, Vivo, Oppo and Apple were the top players with 29%, 11.7%, 11.5%, 10.6% and 8.8%, market shares, respectively.

ALSO READ: Xiaomi jumps to second place in smartphone shipments to India; Samsung retains top spot

“Overall Chinese brands (Lenovo, Oppo, Vivo and Xiaomi) have been mono-channel brands, offering great value for money with aggressive marketing on top,” said the report.

Narinder Kumar, Telecom Analyst with CMR said, “Market consolidation in the number of overall brands operating in India took a temporary pause in Q1 2017. It witnessed decline in number of OEMs which was to the tune of 20% for Indian OEMs as well as foreign OEMs.”

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Chinese smartphone brandsMicromaxIndian smartphone brandsIndia's mobile handset marketsmartphone revenuesCMR reportSamsungXiaomiVivoOppo LenovoSmartphonesIT
RELATED NEWS
Chinese domination shrinks India smartphone brands market share to only 13.5% Chinese domination shrinks India smartphone brands market share to only 13.5%
Motorola launches entry-level Android smartphones Moto C, Moto C Plus Motorola launches entry-level Android smartphones Moto C, Moto C Plus
Motorola's line-up for 2017 to introduce entry level Android smartphone Moto C series Motorola's line-up for 2017 to introduce entry level Android smartphone Moto C series
Meizu launches M5 smartphone for Rs 10,499; ties up exclusively with Tatacliq Meizu launches M5 smartphone for Rs 10,499; ties up exclusively with Tatacliq
Xiaomi jumps to second place in smartphone shipments to India; Samsung retains top spot Xiaomi jumps to second place in smartphone shipments to India; Samsung retains top spot

LATEST NEWS

PUBG Mobile India launch tomorrow? Check trailer and other reports and latest updates

Tata Consumer Products share price: Eyeing growth outdoors as Covid fears ease II Sharekhan revises price target to Rs 685

In chat with Anil Singhvi, Sandeep Jain recommends Plastiblends India share | Money-making opportunity

Anil Singhvi’s Strategy January 19: Day support zone on Nifty is 14,150-14,225 & Bank Nifty is 31,500-31,650

Maruti Suzuki hikes prices of select vehicles by up to Rs 34,000

SBI PO exams 2020-21: Prelims result declared on sbi.co.in | How to download? Here are 5 easy steps

Bank Interest Rate: Best returns! These two banks top the list

We are working on Zomato IPO, Info Edge CFO and ED Chintan Thakkar said in chat with Anil Singhvi; wants boost for startups in Budget 2021

PUBG Mobile India relaunch date; FAUG launch details - Here's is all you need to know

Mid-cap Picks with Anil Singhvi: Vikas Sethi picks Phillips Carbon Black, Coromandel International, IEX for top returns

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved