Mobile handset shipments to hit 262 million units in India

With mobile handset vendors shipping 80 million mobile handset units in India in the third quarter this year, the shipments are likely to touch 262 million units by the end of fourth quarter, market research firm CMR said on Thursday.

According to CMR’s “India Monthly Mobile Handset Market Review Report for 3Q 2017,” mobile handset vendors have shipped around 200 million mobile handset units in the country since the beginning of this year. 

The smartphone market recorded 29 per cent sequential growth in the thrid quarter, with 37.5 million units shipped, on the back of the festive season sales. 

“The third quarter witnessed the continued leadership of Samsung in mobile handset shipments with a 22 per cent market share, and a comfortable 11 per cent lead over Xiaomi,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR. 

The quarter also witnessed Indian mobile handset manufacturers offering bundled entry-level feature phones (Reliance Jio LYF), which was later replicated by its competition in the entry-level smartphone segment.