18
Sunday
November 2018
4:02 PM IST
News Headlines
India in Australia: Kohli promises to not start arguments, only finish them        At Least Two Killed, Eight Injured In Blast In Karachi        Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report        'Gaja' crosses coast, rainfall pounds TN, 22 dead        Sabarimala board to move SC, buy time to implement order        Sabarimala board to move SC, buy time to implement order        Sindhu crashes out; Srikanth, Sameer enter quarterfinals of Hong Kong Open        No more chopping and changing till World Cup: Ravi Shastri        Air India eyes Rs 800 cr from sale of over 70 properties        Intel India opens design house costing Rs 1,100 cr at B'luru        US, China see rival visions for entwined Asia-Pacific region        Imran Khan to visit Malaysia next week; likely to seek monetary aid        EC removes Mizoram chief electoral officer after protests        Lankesh murder accused sent to SIT custody in Pansare case        Agri sector needs long-term solutions, loan waiver temporary: Naidu        Top India, China officials hold defence, security dialogue, agree to step up military exchanges        Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"        ISRO Launches Communication Satellite, Has 'Geo-Eye' To Monitor India        US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya        Sri Lankan Parliament passes no-trust vote against Rajapaksa        
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Business News
Samsung, Xiaomi corner 60 pc share of India's smartphone mkt in Q2: Canalys
 
New Delhi, Jul 19 (PTI) Chinese handset maker Xiaomi and Korea's Samsung shipped about 10 million units each in the April-June 2018 quarter, and cumulatively accounted for 60 per cent share of India's smartphone market, research firm Canalys today said.

Overall, smartphone shipments grew by 22 per cent in the said quarter to just under 33 million units. Together, the two companies now account for 60 per cent of total shipments in India, up from 43 per cent a year ago, Canalys said in a statement.

"Xiaomi more than doubled its shipments, albeit from a modest base, just putting it in first place. Samsung's annual growth rate, at nearly 50 per cent, was the best it has been since Q4 2015, leaving it hair's breadth behind Xiaomi in second place," it added.

Vivo took third place, while Oppo came fourth, with shipments of 3.6 million and 3.1 million, respectively.

Samsung is hitting back. It has launched devices pitted directly against Xiaomi's portfolio and is focusing on its cameras and imaging capabilities...," Canalys Analyst TuanAnh Nguyen said. Canalys pointed that Apple's iPhone shipments to India fell by about 50 per cent in June 2018 quarter.

"But Apple's paring back of distributor partners and move to a brand-first, volume-next' strategy will reap rewards as it will ensure better margin per device," it said.

Canalys noted that despite ongoing consolidation at the top, smaller vendors are not giving up and "continue to rewrite their business strategies with a view to long-term sustainability and profitability".

It cited the example of Asus, which has recently restructured its India strategy. Oppo has launched an online-only brand, Realme. Volume is not the only strategy in India...The climate is right for businesses to realign and re-enter the market," Canalys Research Manager Rushabh Doshi said. Getting priorities right will be important to smartphone vendors, and it will be a choice between profitability and volume growth, Doshi said.


Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report
Air India eyes Rs 800 cr from sale of over 70 properties
Intel India opens design house costing Rs 1,100 cr at B'luru
Sensex rebounds 332 pts on easing crude, rupee gains
Govt mulls second round of 2,500 MW medium-term PPA auction
India invites Swedish companies to explore investment opportunities
Govt cancels ED officer Rajeshwar Singh's leave
Facebook blocks 115 accounts ahead of US midterm elections
Indian norms on PCA, capital are conservative, rule-based: SBI
SBI back in black on credit growth
TN transport employees threaten to go on strike
Ease of biz ranking: Indian can improve further, says Jaitley
Rupee declines 11 paise to close at 73.27 against US dollar
Gold rises in futures trade; up 0.54% on global cues
Mistry announces startup fund on 2nd anniversary of his ouster
BSE gets Sebi's nod to launch Oman crude oil contract
Sensex cracks 34,000-mark, Nifty below 10,200 on weak global cues
Petrol pumps in Delhi on strike demanding VAT cut
RBI likely to stay on hold for rest of FY'19 : Report
Japan introduces Artificial Intelligence technology to ease business
KERALA NEWS
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
 Thiruvananthapuram, OCT 27: As the number of people arrested for allegedly being involved in violent  
Vijayan urges UAE Keralites to back salary challenge
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
INTERNATIONAL NEWS
At Least Two Killed, Eight Injured In Blast In Karachi
 (KARACHI, Nov17, 2018): A bomb killed at least two people and wounded eight others in Pakista
US, China see rival visions for entwined Asia-Pacific region
Imran Khan to visit Malaysia next week; likely to seek monetary aid
US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya
NATIONAL NEWS
'Gaja' crosses coast, rainfall pounds TN, 22 dead
 (Chennai, Nov17, 2018): Cyclone Gaja ripped through Nagapattinam early Friday uprooting trees
EC removes Mizoram chief electoral officer after protests
Lankesh murder accused sent to SIT custody in Pansare case
Agri sector needs long-term solutions, loan waiver temporary: Naidu
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