Prabhu RamWith 21% market share, Samsung retained the top spot in the 4G LTE device shipments in 2017 while Chinese handset maker Xiaomi stood second with 18% share, market research firm CyberMedia Research (CMR) said on Wednesday. The 4G LTE shipments in India grew 80% in 2017 Year-on-Year (YoY), with total shipments reaching 148.3 million units, according to CMR’s annual “4G LTE Devices India Market Review” report.
“In 2017, Chinese brands grew aggressively with 143% sequential growth, thereby, contributing to one in every 2 4G LTE device shipped in India,” Prabhu Ram, Head-Industry Intelligence Group, CMR, said in a statement.
“The Chinese success story can be traced to their keen and clear understanding of the needs of the discerning Indian customers, and offering them, with the latest specs at affordable prices,” Ram added.
