"Smartphone Shipments Stabilize in India as Samsung and Apple Lead Global Market Amid Sluggish Sales"

TL;DR Summary
India's smartphone market showed signs of stabilization in the second quarter, with 36.1 million units shipped, representing a 1% decline from the previous year. This is a significant improvement compared to the 20% drop in the first quarter. Samsung maintained its dominance in the market with an 18% market share, followed by Vivo and Xiaomi. The market saw an 18% growth compared to the previous quarter, attributed to improved inventory levels and a better business environment. The preference for offline purchases in India continues to shape retail strategies, with vendors aiming for a better balance between offline and online sales.
- India's smartphone shipments stabilize after three quarters of decline, report shows CNBC
- Samsung edges out Apple in gloomy new smartphone market reports PhoneArena
- Samsung and Apple lead global smartphone market amid industry’s sluggish sales South China Morning Post
- Foxconn expands production in India as it becomes Apple's fifth-largest market DIGITIMES
- Smartphone shipments continue to slide, but secondhand and premium markets thrive TechSpot
- View Full Coverage on Google News
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