Local Smartphone Vendors Outperforming Foreign Companies in the Indian Market
According to data compiled by the IDC, foreign vendors have been outperformed by local companies in the rapidly expanding Indian smartphone market.
Data compiled by the International Data Corporation (IDC) has indicated that although Samsung ranked as the top smartphone vendor in India during Q1 2013 with a 32.7 percent share, local smartphone vendors have outperformed most foreign companies and altogether have accounted for over 30 percent of the overall smartphone market.
More specifically, the IDC data indicates that Samsung was closely followed by Indian-based Micromax share and Karbonn Mobiles that have a respective market share of 19 percent and 11 percent.
Additionally, DigiTimes’ industry sources have suggested that two other local brands, Spice and Lava, are emerging as “first-tier vendors” and have attributed this to a successful push through retail channels with “aggressive pricing” with a lesser reliance on subsidized phone deals offered by network operators.
The growth in smartphone popularity and market penetration in the Indian market has been characterized by the IDC as “stupendous.” While sales of feature phones increased by 2.4 percent from Q1 2013, smartphone sales grew by 167 percent to 9.4 million units and accounted for over 50 percent of overall mobile phone sales.
Moreover the data plan limitations and poor speeds make these high end stand at par with their local cheaper counterparts. (Broadband == 256kbps and highest speed mobile network don't offer more than 1Mbps that too at a monthly cap of 2-3 Gb)
Their products are a joke. Actually smartphones in Indian scenario is a joke. We don't even get a proper signal reception but we get all the latest phones, all 4 months late, cost a leg and arm.....and no 3g heck no proper 2g. Most people buy smartphones for bragging rights. No wifi, no NFC, no goddamn 4G LTE.
All of this is because people are stubborn, they don't want to upgrade. All they do is chat around, pass gossips, talk about some scumbag politician, crap government.
Sigh...........India is trying to copy others and failing at it miserably. India will never be a developed country. Research says India is a country full of youth. But in reality, India is a country full of youth with contempt rule by really old dilapidated but draconian troglodytes.
Its latest models are good enough if not at par with Nokia or Sony in terms of built quality. Its built quality is very much same as Samsung. I wouldn't say same about Karbonn though. Its name has two spelling mistakes... nuff said.