Best buy guide: Galaxy Watch 6 or Galaxy S24+. Woo-hoo join SamMobile on WhatsApp or Telegram!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung closed the gap on Xiaomi in India during the 3rd quarter

    Business
    By 

    Last updated: November 4th, 2022 at 13:40 UTC+01:00

    Amid declining smartphone shipments to India throughout Q3 2022, Samsung closed the gap on Xiaomi and became the only smartphone brand — among the top 5 — to have experienced annual growth. The Korean tech giant also continues to lead combined handset shipments (smartphones + feature phones) in India with an 18% market share.

    Market research shows that smartphone shipments to India in Q3 2022 declined 11% year-on-year. All OEMs combined have shipped upwards of 45 million devices during the July-September period. Although Xiaomi continues to lead the market with a share of 21%, it lost a couple of points compared to Q3 2021, when it accounted for 23% of the smartphone market in India. (via Counterpoint Research).

    Meanwhile, Samsung improved its smartphone market share from 17% in Q3 2021 to 19% in Q3 2022. It closed the gap on Xiaomi and was the only OEM among the leading brands to have posted positive growth in the third quarter of the year. Samsung was followed by Vivo and Realme, each having a 14% share (down from 15%) in Q3, and Oppo, whose market share stagnated year-on-year at 10%.

    As far as the mobile handset market goes, i.e., smartphones and feature phones combined, Samsung was the leader in India in Q3 with a share of 18%, up from 16% in Q3 2021. The tech giant led ahead of Xiaomi (15%), Vivo (10%), Realme (10%), and itel Mobile (9%).

    It's also worth noting that Samsung led the INR 10,000 ($121) – INR 20,000 ($243) price bracket in India thanks to its Galaxy M and Galaxy F devices. Likewise, Samsung remains the leading 5G smartphone vendor in India. As for the premium segment, market watchers say that Samsung was the fastest-growing brand among the top five.

    Interestingly enough, Apple also posted positive results in Q3 2022 in India. Samsung's arch-rival topped its highest-ever smartphone market share of 5% and also led the premium segment (>INR 30,000 – $364) with a whopping 40% of the market. This success is attributed to the iPhone 13.

    BusinessPhone AppleIndiaOppoRealmeSamsung ElectronicsVivoXiaomi

    You might also like

    Samsung may reveal its $44 billion US chip investment next week

    Samsung may reveal its $44 billion US chip investment next week

    Samsung has invested a lot of money in its US chipmaking facilities. In addition to its existing facility, the company announced a $17 billion project in 2021 for a semiconductor plant in Taylor, Texas that's likely to begin mass production of chips later this year. The US government is focused on pumping up the local […]

    • By Adnan Farooqui
    • 1 day ago
    Samsung’s top acquisitions man returns as big deals expected

    Samsung’s top acquisitions man returns as big deals expected

    Samsung has not participated in the mergers and acquisitions market for more than 7 years, despite having more than $60 billion in cash that it could use to buy new companies. Its absence from this space was also partly due to the legal troubles of heir Lee Jae-yong, who only recently returned to the top […]

    • By Adnan Farooqui
    • 1 day ago
    Samsung launches 2024 lineup of Crystal 4K TVs in India

    Samsung launches 2024 lineup of Crystal 4K TVs in India

    Samsung has launched its new Crystal 4K TV lineup in India. This lineup has three models: Crystal 4K Vision Pro, Crystal 4K Vivid, and Crystal 4K Vivid Pro. The launch of these TVs occurred just a few days before the launch of the company's new Neo QLED 4K, Neo QLED 8K, and OLED 4K TVs in […]

    • By Asif Iqbal Shaik
    • 1 day ago
    Galaxy A34 gets a price drop in India

    Galaxy A34 gets a price drop in India

    Samsung has dropped the price of the Galaxy A34 in India. This price drop decision comes a few weeks after the Galaxy A35 and the Galaxy A55 launch. The mid-range phone, launched last year, now costs just INR 24,499 ($293). The price of the Galaxy A54 could also be dropped in the next few weeks. […]

    • By Asif Iqbal Shaik
    • 1 day ago
    Samsung’s product naming has a grammar problem

    Samsung’s product naming has a grammar problem

    I'm a big fan of Samsung using proper nouns to label most of its home electronics. For instance, PC monitors names are no longer just a string of seemingly random letters and numbers. Instead, they belong to lineups named ‘Odyssey' or ‘ViewFinity.' It makes Samsung look better instead of coming across as a company that […]

    • By Mihai Matei
    • 2 days ago
    Samsung India announces Solve For Tomorrow 2024 innovation program for students

    Samsung India announces Solve For Tomorrow 2024 innovation program for students

    Samsung has announced the launch of the third edition of the Solve for Tomorrow program in India. The program aims to foster a culture of innovation among students. This year, the program has two tracks: School Track and Youth Track. This program is held in 63 countries globally. Over 2.3 million young people have participated […]

    • By Asif Iqbal Shaik
    • 3 days ago