Samsung Leads Indian Smartphone Market: IDC

NEW DELHI: South Korean handset maker Samsung continued to retain its top position in the Indian smartphone market in the fourth quarter of 2014, a report by International Data Corporation said.

Samsung mopped up 22 percent of the market share followed by Micromax 18 percent, Intex eight percent, Lava seven percent, Xiaomi four percent and the rest 41 percent by others.

According to IDC India, the smartphone market observed shipment contraction in Q4 for the first time ever.

"This was largely owing to a high channel inventory at the beginning of the quarter amongst general trade which in turn was caused by the surge witnessed in online sales during festive season," the statement here by IDC said.

The fourth quarter of 2014 was seen as a correction phase wherein the smartphone market declined by 4 percent while the feature phone market plummeted by approximately 14 percent over the third quarter 2014.

The overall mobile phone market stood at 64.3 million units in Q4 2014, which reflects a sequential drop of 11 percent over Q3 2014 and an annual drop of five percent.
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