/Samsung surpasses Xiaomi, regains top spot in overall handset space: IDC

Samsung surpasses Xiaomi, regains top spot in overall handset space: IDC

Samsung Galaxy Fold

South Korean Korean phone maker Samsung has regained its top spot in the overall Indian handset market in the April-June period, surpassing China’s Xiaomi after two quarters, research firm International Data Corporation said.

Samsung led the overall mobile phone market with a market share of 24 per cent, followed by Xiaomi and Vivo, said IDC India.

The mid-premium segment ($300 and less than $500) with a share of 4.8 per cent declined YoY by (48.4 per cent) with top models such as Samsung’s Galaxy A51 and A71, Vivo’s V19, Apple’s iPhone SE (2020), and the OnePlus 7T.

In the smartphone segment only, Samsung surpassed Vivo for the second slot despite a strong YoY decline of (-48.5 per cent) in the second quarter to 4.8 million units.

The Galaxy M21 was among the nation’s top five shipped models and most of its online-exclusive Galaxy M series was opened to offline channels, though at higher prices.

Samsung stood in second place in the online channel with a share of 22.8 per cent and was the leader in the offline channel with 29.1 per cent share in 2Q20.

The brand also partnered with Benow and Facebook, enabling offline retailers to start sales using digital platforms, thus adhering to social distancing norms, said the IDC report.

Four out of the top five models in the second quarter were Xiaomi models, namely the Redmi Note 8A Dual, Note 8, Note 9 Pro, and Redmi 8, accounting for 21.8 per cent share.

Xiaomi launched its Mi Commerce solution to create an omnichannel experience for partners but also continued its dominance in the online channel with 42.3% share in 2Q20, said the IDC.

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