India

OnePlus leads India’s premium smartphone market, edges out Apple and Samsung

It was bound to happen

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While Apple and Samsung were consistently trading blows in India’s premium smartphone market, OnePlus quietly shot up the charts and has now taken the top spot away from the two giants.

Counterpoint Research’s analysis for the second quarter of 2018 shows that OnePlus is now the king of the premium market in India with a 40 percent share. Samsung and Apple have gone down to 34 and 14 percent, respectively.

Together, the three brands combine for 88 percent of the overall premium market. That’s lower than the 95 percent from last quarter, but this still secures their place in the INR 30,000 and above segment.

This is the first time OnePlus has ever been so dominant, and it’s mostly thanks to the strong sales of the OnePlus 5T which led to a year-over-year growth of 446 percent. OnePlus is also planning to extend its reach through offline retailers and gain even more ground this year. India already contributes to nearly a third of the company’s total revenue.

Samsung and Apple’s smartphone sales have been dwindling, primarily because of poor reception to the Galaxy S9 and both the iPhone X and 8. Things could turn around for the two manufacturers, however, once their new flagships come out in the next few weeks.

For now, these are the top phones in India’s premium market:

The OnePlus 6 and 5T combine to capture almost one half of the entire segment, while the Galaxy S9+ is a distant third with only 12 percent. At the same time, Counterpoint Research points out that new players are joining in to possibly disrupt the market.

The Huawei P20, Vivo X21, Nokia 8 Sirocco, and LG V30+ are still new to India, and have a chance to build a fan base in the country. How long that’ll take is up in the air at the moment, but OnePlus can bask in its newfound popularity while it lasts.

India

India imposes a ban on imported laptops, tablets, and PCs

Personal orders are still allowed

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There’s no doubt that India is a major market for technology. While the country has its own brand preferences outside of the world’s usual, everyone still wants to get a piece of the market. To the dismay of global companies, the country is realizing the potential of its own market. Effective immediately, India has started restricting imports for new laptops, tablets, and PCs.

Recently, India made some headlines in the smartphone industry. A few companies, including Apple, have poured funds into building factories in India. Locally produced devices will allow these companies to attract the Indian market better. With the new regulations out today, it looks like these brands are going to enjoy a head start over others who aren’t in the country yet.

The Indian government introduced a new restriction (via Reuters) against the importation of “laptops, tablets, all-in-one personal computers, and ultra-small form factor computers and servers” made from other countries. Customers, however, will get an exemption. Airline passengers can still bring in these devices in their luggage. Additionally, a single imported device is allowable when bought through e-commerce platforms. Companies can import their products only by applying for a special license.

In a nutshell, bulk orders without a license are out. The government is instead encouraging users to buy locally produced products as part of its “Make in India” program. At the very least, it’s not a total ban on foreign brands. For example, Dell, HP, and Lenovo are exempt from the regulations since they already have production facilities built in the country.

SEE ALSO: Samsung overtakes Xiaomi as top phone brand in India

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India

Samsung overtakes Xiaomi as top phone brand in India

As of Q4 2022

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Attacking a huge smartphone market is difficult. With preferences constantly evolving, it can get tricky to figure out the best lineup to capture most of a market. Samsung, however, has just done it. In the last quarter of 2022, Samsung has taken the crown from Xiaomi as the bestselling smartphone brand in India.

India is an important market for most smartphone brands. It’s one of the largest markets in the world. However, despite its size, the biggest players are often those who offer more affordable devices for consumers. Budget is the name of the game if a brand wants to make it big in the country.

Things are changing, though. According to new market data (via Reuters), Samsung has nabbed the throne from the former leader, Xiaomi. In the last quarter of 2022, the Korean brand grabbed 20 percent of the market, while the latter only got 18 percent.

In a trend dubbed as premiumization, Indian consumers are reportedly enjoying more disposable income, resulting in more willingness to buy pricier products. Additionally, the report hints that consumers have started equating lower prices with inferior quality.

With the market trending towards more premium products, Samsung took the lead with a lineup that consists more of midrange to premium devices. It will also be interesting to see if Apple, an even more premium brand, can also make a dent in the Indian market.

SEE ALSO: Buyer’s Guide: Samsung Galaxy S23 Ultra

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Enterprise

Apple is preparing to open its first stores in India

Based on new job listings

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For one of the largest smartphone markets in the world, India is one of the rarer countries where Apple does not outright dominate. Undoubtedly, the company is trying to change that. Ongoing job listings in India are suggesting that Apple is ready to open its first brick-and-mortar store in the country.

First reported by Financial Times, Apple has posted job openings in India for several retail roles including for the iconic Genius Bar. Another clue even indicates that some spots have already been filled ahead of time. A few employees in the country have reportedly posted about their new jobs on LinkedIn.

Unfortunately, none of the job listings show how many stores are planned and where they will be. Narrowing things down by a bit, a few of the confirmed employees are from Mumbai and New Delhi. The report also does not indicate when the stores will open. However, since a few have already been hired, a grand opening might be coming soon.

Apple has a lot to gain by strengthening its foothold in India. The country is an important stronghold for smartphone companies. However, the company might find things harder as time goes by. The country recently dictated that brands must switch to USB-C if they want to sell their devices in India. All over the world, Apple remains the last stalwart against adopting the more universal standard.

SEE ALSO: Google throws more RCS-flavored shade at Apple

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