As many as 41 smartphone brands, including Zuk, Acer, Datawind, LeEco, and Comio shut shop while 15 companies like Realme and Pocophone entered the Indian market in 2018, market research firm CyberMedia Research (via The Economic Times) has said, adding that these brands exited due to the hyper-competition. “China-based Realme was a standout hit in …
Over 40 smartphone brands exit India market owing to hyper-competition
As many as 41 smartphone brands exited the India smartphone market in 2018 owing to hyper-competition, while 15 brands entered the market eyeing growth prospects that India has to offer, according to data shared by Cybermedia Research. Mirroring the same pattern, more exits than entry of smartphone players is expected in 2019 as major brands …
Domestic brands like Lava, Micromax eye international expansion; renew focus on entry-level smartphones
Indian handset players such as Micromax and Lava, fighting for survival in their home market, are looking to shore up revenue and drive volumes through international expansion. But analysts say that a better bet will be to increase focus on the under-$100 (around Rs 7,000) smartphone segment and on feature phones, which still offer huge …
There is no stopping PUBG, Fortnite games among Indian youngsters
“Ye PUBG wala hai kya?” Prime Minister Narendra Modi asked a mother who raised concerns about her son being too involved into online games during the “Pariksha pe Charcha 2.0” event here on Tuesday. The ground reality is that online, multi-player games have taken over the millenials big time in India, sending the earlier individual …
Budget 2019 should provide policy thrust for AI, Blockchain: CMR
The Union Budget of 2019 should look at providing a policy thrust for emerging technologies such as Artificial Intelligence (AI) and Blockchain, among many others, CyberMedia Research said in a note on Wednesday. This move will result in new business opportunities across the spectrum, and fostering India’s leadership therein, according to CMR. “The Budget should …
Need special package to keep local phone brands ringing: ICEA
India’s top handset body has called on the government to create a special package to help revive local handset makers who have been pushed to the fringes in the market dominated by Chinese players besides Samsung on end, and Reliance Retail’s JioPhone on the other. The special package would help Indian companies tap the $250-billion …
Will India Emerge as a Mobile R&D Hub?
When mobile phone manufacturing picks up an accelerated momentum in India, impactful R&D cannot be left lagging behind. Slowly and silently, India is emerging as a research hub for mobile phones in India. The move is a natural evolution of how the world sees India as a business destination, especially in telecommunication, hardware and manufacturing. …
Dual-screen phones: Things to consider before buying
Hot on the heels of foldable phones announced by Royole and Samsung, smartphone makers are pushing a new category—dual-screen phones. Unlike foldable screens which are made of a single giant screen that can be folded from the middle, dual-screen phones have two separate screens—on both the front and back panels (remember the Nokia Communicator?). Smartphones …
Decimated by Xiaomi-led tsunami, Indian smartphone makers toil to survive
Once the darling of Indian smartphone users, desi brands like Micromax, Karbonn, Lava, Intex and few others have nearly been decimated by affordable-yet-powerful devices from the Chinese vendors that have flooded both online and offline channels. In the 2013-2014 period, the domestic brands gained great traction and enjoyed 40-45 per cent market share — till …
Demanding Indian market is fraught with risks
At a time when smartphone sales growth has slowed down globally, India shines bright as the fastest growing hub for smartphone sales. Every smartphone brand is now looking at India as the critical market for growth. As a result, the hypercompetitive Indian smartphone market is now a real battleground for major smartphone brands. Over the …