Counterpoint: Present chain concerns precipitated decline in India cellphone market in Q1

The India cellphone market had a difficult first quarter of the one year. In step with Counterpoint Study, makers pushed 38 million smartphones, which is 1% not as a lot as they did twelve months ago.

Characteristic phones gross sales between January and March 2022 went off a cliff although, falling 39%. This brings the overall gross sales lower to 16%.

The predominant quarter of 2022 started with a unimaginative start which skill of the third COVID wave in the Asian country, Senior Study Analyst Prachir Singh published. The provision chain concerns affected all predominant manufacturers who needed to undertake moderately just a few suggestions for going by the difficulty. Some makers made up our minds to raise the dealer portfolio, while others elevated native sourcing.

Alternatively, the market is at risk of live stagnant in Q2 which skill of the present COVID field in China which indubitably isn’t very going to help with bringing production and logistics to pre-pandemic ranges.

Counterpoint: Phone market in India declined in Q1 following supply-chain issues

Realme turned into once the like minded predominant imprint that recorded a yearly raise in gross sales, jumping from fifth to third space in the marketplace.

The predominant clarification for the company’s 40% upward thrust is the adoption of Unisoc chipsets which helped with the gross sales of extremely-cheap gadgets but Realme turned into once additionally aggressive in its online promotions, which additionally helped power the event.

Counterpoint: Phone market in India declined in Q1 following supply-chain issues

Counterpoint additionally published Samsung turned into once the finish-promoting company of 5G smartphones, while the OnePlus Nord CE 2 turned into once the only real supreme-promoting 5G model in Q1 2022. The highest charge section unsurprisingly turned into once led by Apple, followed by Samsung.


Related Articles

Leave a Reply

Your email address will not be published.

Back to top button