After witnessing growth in shipments for two consecutive quarters, India's smartphone market again experienced a 2% YoY decline in shipments in Q2 2024. Despite this overall decline, Xiaomi emerged as the largest smartphone brand in India, outshining Vivo, albeit...
The global smartphone market has witnessed a resurgence in consumer demand, albeit at a slower pace. During the second quarter of CY 2024, approximately 285.4 million units of smartphones were shipped, with a modest 6.5% YoY increase. What's noteworthy...
India's smartphone market has transformed rapidly over the past decade, with shifting consumer preferences fueling intense competition among global OEMs. Interestingly, Vivo has emerged as India's top smartphone brand in Q1 2024, outperforming both Samsung and Xiaomi. Vivo's market...
The global smartphone industry is still dealing with the lingering impacts of the COVID-19 pandemic and macroeconomic uncertainties in key markets. These factors have contributed to fluctuations in demand for smartphones across the world. The global smartphone shipments increased...
After enduring four consecutive quarters of declining shipments, India's smartphone market is now experiencing a gradual resurgence in consumer demand, fueled by the ongoing Festive Season Sale. Approximately over 45 million smartphones were shipped during Q3 2023, with a...
Xiaomi's remarkable journey in the Indian smartphone market, from its grand entrance to becoming the biggest brand, is nothing but a surprising yet aspiring growth story. However, after a successful eight-year run, the company faced multiple setbacks, including poor...
The demand for smartphones in India continued to decline in Q4 2022, following a 6% YoY drop in shipments in the previous quarter. The trend becomes even more concerning given the holiday season when brands offer jaw-dropping discounts on...
The demand for Xiaomi Redmi Note smartphones has dramatically been increasing across the globe. Over the last eight years, the Redmi Note series has become one of the best-selling lineups, propelling Xiaomi to third place in terms of global...
It's been over two years since India had come down heavily on hundreds of Chinese apps and banned from the country. Many expected a similar treatment for Chinese smartphone manufacturers, mainly Xiaomi, Vivo, and Oppo. However, the government didn't act as...
It all started in December last year when Enforcement Directorate (ED) officials raided Xiaomi's offices on the pretext of financial irregularities. The officials from income tax and ED had credible intelligence inputs of concealed income and tax evasion. All...
