Thread by @BiIndia

Chinese #smartphones continue to lead the market share despite crackdown by the Indian government

businessinsider.in/tech/mobile/ne…

By @sourabhjain24

Four out of five #smartphones sold in the June quarter in India were made by Chinese companies, according to reports. This is despite the crackdown by the Indian government on Chinese smartphone giants #Xiaomi, Oppo and #Vivo, which control half of India's smartphone market.

In addition to the crackdown by the government, there have been calls for a boycott of Chinese products in India since the two countries clashed in the Galwan valley in 2020.

FM #NirmalaSitharaman recently spoke about the crackdown on Chinese companies in the Rajya Sabha.

According to a report, 79% of India’s smartphone market was dominated by Chinese companies in June 2022, up from 75% last year.

The only non-Chinese #smartphone maker performing well in India is #Samsung, the second-largest smartphone maker in India.

counterpointresearch.com/india-smartpho…

#Xiaomi has been under the scanner of Indian agencies for quite some time now.

There has been a notable decline in Xiaomi’s market share in India, however, the Counterpoint report has attributed this to component shortages, #inflation and increasing prices.

#Vivo is another company under the government’s scanner.

The company’s market share has been increasing over the last few months, and the company reported a 22% year-on-year growth in Q2 2022 with a 17% market share.

#Realme is another Chinese smartphone maker that has reported an increase in market share. Interestingly, the company reported the highest year-on-year growth among #smartphone makers, with a 23% growth in Q2 2022 with a market share of 16%.

#Oppo recently came under the scanner of the Directorate of Revenue Intelligence (DRI) for alleged customs duty evasion.

Despite its fluctuating market share, the company has consistently occupied the fifth position in the Indian smartphone market.

#OnePlus, despite being a popular smartphone maker and now having a wider product portfolio, has been unable to crack the top five positions. The company has been performing well after it entered the country’s mid-range segment with the Nord series launch.