Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.
In FY22-23, Samsung exported $4.09 billion smartphones from India -- an increase of 42 per cent over 2021, when it was $2.8 billion -- accounting for 35 per cent of all smartphone exports.
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Samsung India on Tuesday announced the launch of four new mid-segment smartphones - Galaxy A3, Galaxy A5, Galaxy E5 and Galaxy E7.
Rising demand for premium devices, led by Apple and Samsung, is expected to increase India's smartphone market size to over $50 billion (about Rs 428,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. The Indian smartphone market size was estimated at $37.9 billion (about Rs 3.25 lakh crore) in 2021, according to the research firm.
The Harrier EV is the first mainstream EV in India to offer a dual-motor, all-wheel-drive (AWD) which the company has termed as QWD, The Quad Wheel Drive, reports Rajesh Karkera.
With Chinese companies Huawei and ZTE excluded from participating in the 5G roll out, their absence leaves a vacuum in the market which will have to be filled by three vendors: Ericsson, Nokia and Samsung.
Counterpoint Research estimates that Xiaomi will end CY23 with a volume market share in CY23 to 15 per cent, pushing the Chinese company, which has faced numerous challenges and scrutiny from investigative agencies, to the third place.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
Dell emerges the most attractive among technology players.
The launch price of Galaxy S23 series in India is in the range of Rs 75,000 to Rs 1.55 lakh per piece. At present, Galaxy S Series smartphones are being manufactured at Samsung's Vietnam factory and the company imports them for sale in India.
Smartphone supplies in India grew by 6 per cent to 4.6 crore in the July-September quarter with Vivo leading the chart and iQoo clocking the highest growth rate among top 10 brands, a report by market research firm IDC said on Wednesday. The market was dominated by Chinese players, with leading brands cornering around 72 per cent market share during the quarter. "The Indian smartphone market grew for the fifth consecutive quarter.
Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.
The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final land allocation for the HCL-Foxconn chip joint venture Vama Sundari.
The new hires will work in cutting-edge domains of artificial intelligence, machine learning, IoT, natural language processing, camera technology and 5G networks.
Electronics major Samsung has received orders for around 1.4 lakh units of its premium smartphone Galaxy S23 worth a total of Rs 1,400 crore on the first day of its pre-booking for the device, a senior company official has claimed. Samsung India, Senior Vice President for Mobile Business, Raju Pullan told PTI that the pre-booking for Samsung Galaxy S23 is almost twofold compared to the previous version of the smartphone Galaxy S22. "We have clocked almost 1.4 lakh units as pre-book in the first 24 hours and this is almost two times of Galaxy S22.
Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone segment in India, currently dominated by iPhone maker Apple.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
South Korea's Samsung Electronics said on Wednesday that India would be the headquarters for its Southwest Asia operations
Smart devices maker Samsung continued to lead the smartphone market in the country for the fourth consecutive quarter in July-September with a 17.2 per cent market share, market research firm Counterpoint said on Wednesday. Shipments of iPhone maker Apple crossed 2.5 million units in the reported quarter thereby registering an all-time high in a quarter, according to the Counterpoint's Monthly India Smartphone Tracker report. "Samsung maintained its leading position for the fourth consecutive quarter with a 17.2 per cent share driven by the success of its A and M series.
'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.
Targeted at the growing young audience, Samsung India vice-president-HHP division Hendrick Lee said the phone has direct access to social networking websites. It also enables the users to access website at a speed of 2.4Mbps data speed on CDMA operators.
Samsung's smartphone shipment to India may fall short of target by 4 million units in 2016, hit by global recall and halt in production of its flagship Note 7 smartphone, research firm CMR said on Friday.
Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. The factory, which will come up at Oragadam in neighbouring Kancheepuram district, is expected to generate 5,000 jobs in the region, the state government said.
Citing unviable duty structure on key components like flat panels and open cell parts, Samsung had shuttered its TV assembly lines in Tamil Nadu in 2018.
Samsung India Electronics said on Wednesday that it would launch 11 new high-end mobile handsets in the next five months.
Streamlining its delivery network and shifting focus back to the mass segment - at a time when competitors were struggling to restore normalcy in operations due to the pandemi - aided the firm's revival.
The subscriber count made JioHotstar one of the largest OTT platforms in the world.
Whoever can make acquiring smartphones more affordable will win the sales game.
Samsung also unveiled its slimmest Galaxy handset.
Chinese handset maker Xiaomi overtook Samsung to become the top player in the Indian smartphone market in the December quarter, ending the Korean company's 6-year dominance, reports by Canalys and Counterpoint Research said.
Electronic goods manufacturer Samsung Electronics expects to double its revenue from Indian market to Rs 200 crore (Rs 2 billion) in the digital imaging portfolio segment in the current year.
Samsung announced a global recall of the device after reports that the handset can explode while charging
The company announced the launch of eight top loading washing machine models in the capacity range between 6 kg to 9 kg, priced between Rs 12,990 to Rs 25,990.
The company might look to reduce workforce in its mobile phone division.
As it eyes $2 billion sales in India by 2008, Samsung said on Thursday it will set up a second plant in the country which would cater to the burgeoning demand in the market.
Samsung India on Monday announced that the company is all set to export Indian made refrigerators, the second product category in its consumer electronics and home appliances portfolio, that would be exported from India in addition to colour televisi
Samsung has been facing competition from local mobile handset makers like Micromax, Lava and Karbonn but it has maintained its lead in smartphones.
One can pre-book the Note by paying an upfront booking amount of Rs 2,000 through the Samsung India e-store.