At the end of April, India became the world leader in the number of coronavirus cases per day, the situation in the country is very difficult, and it has affected a variety of industries, including the smartphone market.
At the moment, the leaders in the Indian smartphone market are Xiaomi, Oppo, Samsung and Vivo, which occupy 25, 23, 22 and 16% of the market, respectively. Four Chinese companies account for 86% of the Indian smartphone market.
The current situation in India is reported to have resulted in a significant decline in smartphone sales. According to the forecast, Xiaomi will not sell 240 million smartphones in a year, as originally planned, but 190 million units. Independent company Honor will ship 35 million in a year instead of the previously planned 50 million smartphones.
Shipments of Oppo, Vivo, Realme, OnePlus and other well-known companies will also be significantly reduced – by about 20% on average.
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