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Samsung tops India premium smartphone market in H1, 2018
South Korean giant Samsung dominated the premium smartphone segment in India in the first half of 2018 grabbing almost half the market share, a new report said on Friday.
New Delhi
According to CyberMedia Research (CMR) India’s “Mobile Handset Review”, Samsung with 48 per cent topped the premium market (Rs 30,000 and above), followed by Chinese smartphone player OnePlus with 25 per cent share and Apple at third with 22 per cent share.
“The premium smartphone segment, though small, is driven by aspirational, tech-savvy millennials and in the coming years, will continue to grow significantly. Samsung’s flagship S9 helped it garner a lion’s share of the premium smartphone segment,” Prabhu Ram, Head-Industry Intelligence Group, CMR, said in a statement. One in two premium smartphones shipped in the first half of 2018 was a Samsung device.
“The success of OnePlus 6 can be traced to the intelligent brand strategy of packing the best specs at competitive price points, contributing to the emergence of a new ‘budget premium’ smartphone segment under sub-Rs 30,000,” added Ram.
The iPhone-maker suffered a decline in demand for its iPhones due to pricing challenges on account of post-duty increase.
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