Thursday, August 29, 2013

IDC: Micromax close to overtaking Samsung in India

IDC: Micromax close to overtaking Samsung in India

IDC released a report on the smartphone market in India and claims the country will become the world's second biggest smartphone market, displacing the US (which lost the lead to China in 2011). Despite a sluggish overall phone market (21% growth year on year, 4% quarter on quarter), smartphones are exploding in India. Smartphone shipments in Q2 2013 are up 50% quarter on quarter and have nearly tripled compared to the same quarter last year (9.3 million smartphones were shipped during the quarter, compared to 3.5 million in Q2 last year).

GSM Arena , IDC: Micromax close to overtaking Samsung in India, IDC: Micromax close to overtaking Samsung in India

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