vivo

India Smartphone Shipments Q2 2024: Xiaomi Ships More Smartphones, But Samsung Makes More Money

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...

Worldwide Smartphone Shipments Q2 2024: Xiaomi’s Double-Digit Growth Poses A Threat to Rivals

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...

Vivo Leapfrogs Samsung And Xiaomi to Emerge As the Top Smartphone Brand in India!

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...

India Smartphone Shipments Grew 25% YoY in Q4 2023: Samsung Slipped to Third Spot

India’s smartphone market has finally revived in Q4 2023 after five consecutive quarters of either declining or stagnant yearly growth in shipments. The noteworthy 25% YoY growth in smartphone shipments during the fourth quarter was primarily driven by the...

Vivo India in Money Laundering Scandal: ED Filed Charge Sheet Against Lava Founder Among Accused

In the wake of cracking down on financial irregularities, the Enforcement Directorate (ED) recently filed its first charge sheet related to a money laundering investigation involving Vivo India and four tech executives. This move follows allegations that shell companies...

India Smartphone Market Q2 2023: Vivo Is An Emerging Threat To Market Leader Samsung

The demand for smartphones worldwide has slowed in the last few quarters, affecting major manufacturers and OEMs. Even India, known for its rapid population growth and insatiable appetite for smartphones, has not been immune to this trend. According to...

Is it too late to oust Xiaomi, Vivo, Oppo from India smartphone market?

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...

ED raids Vivo India for illegally remitting Rs 62,476 crore to China, seizes Rs 465 crore, 119 bank accounts

Vivo's Indian subsidiary is accused of remitting almost 50% of its turnover, amounting to Rs 62,476 crore, to parent entities in China between 2017 and 2021 in a bid to avoid paying taxes in India, according to ED, the...

Vivo India directors fled the country as ED tightens the noose

The noose is tightening around Chinese smartphone companies operating in India. Not so long ago we learned about the silent shift of Manu Kumar Jain, former Managing Director of Xiaomi India, from India to Dubai amidst the ED investigation...

iPhone Revenue Figure Cements Apple’s Domination In Global Smartphone Market

Samsung and Xiaomi may be leading the pack in terms of global smartphone shipments, but when it comes to revenue from smartphones, which is a real deal, equations change drastically. Apple iPhone revenue figures leave both Samsung and Xiaomi...
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5 Ways Generative AI Will Disrupt the Payments Industry in 2025

Generative AI is one of the most hotly anticipated developments in the fintech landscape in 2025, and its disruptive...
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