According to Financial Express, Chinese manufacturers including Xiaomi, Oppo and Vivo shipped 77% of India’s total smartphone stock last year. A year earlier, Chinese suppliers accounted for 72% of smartphones.
In the fourth quarter of 2020, Xiaomi mobile phone shipments in India reached 12 million units, strengthening the company’s leading position with a market share of 27%. The second place is occupied by Samsung with a share of 21%. Vivo ranks third with shipments of 7.7 million units. Oppo climbed to fourth place, shipping 5.5 million smartphones. Fifth place went to Realme.
Market analyst Varan Kannan said that the political controversy between China and India had little or no impact on the sales dynamics of suppliers such as Xiaomi, Oppo and vivo in India in 2020. They only strengthened their position
Also, for Chinese companies, they are drawing excellent prospects for 2021.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
