Updated 18 May, 2013, 4:23 pm IST
Mobile handset sales in India to reach 251 million in 2013: Gartner
| by Ramkumar Iyer |
Led by South Korea-based Samsung Electronics Co Ltd, sales of mobile phones in India are all set to reach 251 million units in 2013, according to a report by technology research firm Gartner, Inc. According to the report, the mobile phone industry in India is expected to report a 13.5 percent growth in 2013 over 2012’s sales total of 221 million units. This growth will likely be helped by tough competition, attractive price points, and an increase in the number of manufacturers. What’s more, Garner predicts that the mobile handset market will show steady growth to surpass 326 million units in 2016.
India to see more mobile phone sales than ever before
“The increase in share of smartphone device sales, declining sales to first time buyers and the continuous focus of global manufacturers on the low cost feature phone market, has put many of the 150 plus local and Chinese device manufacturers under survival mode. Many of them are already struggling to maintain share in the growing market,” he added.
Samsung is growing at a fast pace not just in India. The electronics manufacturer last week reported an all-time high quarterly operating profit likely driven by strong sales of its Galaxy range of smartphones. Samsung estimated in a regulatory filing that its July-September operating income nearly doubled to 8.1 trillion won ($7.3 billion) from 4.25 trillion won a year earlier.
Tags: mobile phone sales , India , Gartner report , 251 million , 2013 , India mobile phone sales , Gartner forecast India , mobile phone market , mobile handset sales , Samsung , Nokia , Karbonn , Micromax , Huawei , ZTE , growth , mobile industry growth , mobile unit sales growth India , India mobile industry forecast
15 May, 2013, 04:57 PM
15 May, 2013, 12:44 PM
13 May, 2013, 11:54 AM
If you’re out looking for a new smartphone, then there are a couple of...
In the hustle-bustle of everyday life, you might have missed the launch of
Priced at Rs 26,990, the P51 will face some really tough competition from...
Sat May 18, 16:31:50
Sat May 18, 16:25:55
Sat May 18, 16:24:31