Indian Smartphone Industry
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Smartphone companies in India to stop manufacturing 4G-only phones over Rs 10,000, move to 5G completely
Fp Staff •The Indian government has asked mobile manufacturers to discontinue all 4G-only phones over Rs 10,000, and focus only on 5G-capable devices. They have been given a period of three months to comply.
GoI pulls up Apple, Samsung and other smartphone makers, calls meeting to immediately push out 5G update
Fp Staff •Smartphone users who have budget devices from companies like Vivo, Oppo, Xiaomi and Realme etc. can access high-speed 5G internet. However, users who have flagship devices from Samsung and Apple are still unable to access 5G, due to a pending software update.
Festive season to see over Rs 1.44 lakh crore in smartphone sales, 15.6 mn 5G phones likely to be sold: Techarc
Fp Staff •The Indian smartphone industry will sell about 51.7 million smartphones, with 15.6 million of them, being 5G smartphones. The festive season is expected to bring about Rs 1.44 lakh crore in revenue for the industry.
India will see smartphone sales worth Rs 61,000 crore this festive season, says report
Fp Staff •The Indian smartphone market will see transactions worth Rs 61,000 crore during the festive season, with 61 per cent of it coming from e-commerce platforms like Amazon and Flipkart. At least ⅓ of smartphones sold will be 5G enabled.
Indian manufactured mobile phone shipment grew by 7 per cent in Q1 of 2022
Fp Staff •According to a popular market research firm, smartphones manufactured in India grew by 7 per cent YOY because of increasing domestic demands, as well as an increase in exports.