Chinese vendors tripled shipments year-on-year in the second quarter in the Indian market, indicating that low-cost vendors are posing a challenge to global players like Apple in a very price-sensitive market.
Indian smartphone manufacturer Micromax and Xiaomi from China have given the low-end segment a shake up with their latest products, and even if the devices don't go on sale around the world, their launches will likely be felt globally.
Samsung Electronics led the Indian smartphone market with a 22 percent share last quarter, while global rival Apple didn't even make the top five in this price-sensitive market.
Samsung Electronics has lost its top position in the Indian smartphone market to local player Micromax, according to research firm Canalys, but the South Korean company is contesting the figures.
Three Indian vendors have launched smartphones based on a Google reference design starting at 6399 Indian rupees (US$105) without operator subsidy, in a bid to grab a share of a growing but competitive segment of the country's smartphone market.
Samsung Electronics is expected to launch soon the Galaxy Note 4, in a bid to help improve its ailing fortunes in the high-end segment of the smartphone market. But the company's problems run deeper with local vendors eating its lunch with cheaper de...
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