• About
  • Contact
Saturday, June 25, 2022
  • Login
Next Big Brand
  • .
  • News
  • Marketing
  • Tech
  • Insight
  • Interviews
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • CRYPTOCURRENCY
  • Retail
No Result
View All Result
Next Big Brand

Vivo Is 2nd Largest Smartphone Brand In India, overtakes Samsung

Pritish raj by Pritish raj
April 29, 2020
in News, Tech
Reading Time: 2 mins read
A A
0
Vivo Samsung- Next Big Brand

Vivo Samsung- Next Big Brand

  • Vivo overtakes Samsung in the Indian market to become the second-largest mobile seller behind another Chinese giant Xiaomi.

Xiaomi passed Samsung on to become India’s largest smartphone vendor in the fourth quarter of 2017. Samsung has also become the country’s second-biggest mobile seller. However, according to the latest Canalys numbers, Vivo has overtaken Samsung in the Indian market in the first quarter of 2020 to take second place.

From January to March, the BBK-owned smartphone manufacturer Vivo shipped whooping 6.7 million smartphones, while Samsung shipped 6.3 million smartphones in the same quart. In the first quarter, Samsung experienced a shipment decline of nearly 14 percent, which slipped the company into third place. Samsung’s market share has also decreased, which was 18.9 percent.

Apart from Vivo, Realme turned out to be another big gainer on the list. The company’s year-to-year shipments increased to 200% and Realme retained the fourth position comfortably.

Calling Vivo’s “bitter-sweet” winner, Canalys analyst Madhumita Chaudary said in a statement: this quarter’s high sale was primarily due to expected stockpiles ahead of the high-profile Indian Premier League (IPL). The unplanned lockout at the end of March, however, has interrupted the plans of the vendor. With IPL delayed, and locked out most of its inventory in offline networks, when the lockout lifts, Vivo would fail to see a fast sell-through.

Xiaomi continued to retain the country’s No.1 position, shipping 10.3 million smartphones, and taking a market share of 30.6 percent. Realme also reported impressive growth in the first quarter of the year, with an annual growth rate of 200%. It delivered 3.9 million smartphones in total, compared with 1.3 million units during Q1 2019. OPPO, another BBK-owned smartphone maker, ranked fourth in the Indian smartphone industry in Q1 2020 with a market share of 10.4 percent.

The government’s declared lockdown cycle to fight COVID-19 will trigger trouble for smartphone vendors in India. Since smartphones do not fall under critical products, smartphone sales online and offline are restricted in India until May 03, 2020. Since COVID-19’s threat isn’t neutralized, smartphone manufacturers are expected to see a revenue decline in the next quarter of 2020. Smartphone firms, however, have been reaching out to the government to accept smartphones as an important product and to encourage sales online and offline. To date, the government has not made any formal announcement concerning relaxation for smartphone vendors.

Previous Post

PepsiCo Posts Higher Sales As People Stock Up Beverages & Snacks

Next Post

Indian Smartphone Shipments To Decline By 10% In Q2 2020: CounterPoint

Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

Related Posts

images 9 17
Cryptocurrency

Christiano Ronaldo and Binance Announce NFT Partnership

June 24, 2022
Khaby Lame Tiktoker
Creators

Khaby Lame Becomes World’s Most Popular TikToker

June 24, 2022
Pine Labs Founder
News

Merchant Platform Pine Labs Acquires Fintech Infra Startup Setu for $70-75 Million

June 23, 2022
Ebay KO
Cryptocurrency

eBay Acquires NFT Marketplace KnownOrigin For An Undisclosed Sum

June 23, 2022
Cashify Founders
News

Cashify Raises $90 Million in Series E Round Led By NewQuest & Prosus

June 23, 2022
Uniswap founder
Cryptocurrency

Uniswap Acquires NFT Marketplace Aggregator Genie to Further its Goals

June 22, 2022
Next Post
indian-smartphone- shipments-market-next-big-brand

Indian Smartphone Shipments To Decline By 10% In Q2 2020: CounterPoint

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

BROWSE BY TOPICS

Acquiring amazon Apple Brands brand story Byjus byjus news byjus the learning app Cryptocurrency Edtech Startups Elon Musk facebook fintech news Flipkart funding google Indian Crypto Startups Indian OTT Platforms Indian Unicorn Indian Unicorns Indian Unicorns of 2021 Netflix NFT NFT Collection NFT India Non Fungible Tokens Ola OYO Paytm Reliance Retail Startup Acquisition Startup IPO startup news india startups in india Swiggy Tiktok TikTok India Twitter Unicorns of 2022 Unicorns of India Unicorn Startups Upgrad WazirX YouTube Zomato
check more news on that pages youtube converter, filme online 2022, filme porno mature, porno amatoriale, nxnxx.org, https://xvideosxnxx.org, https://xoxporn.net

Instagram

Follow Me!

Recent News

  • Christiano Ronaldo and Binance Announce NFT Partnership
  • Khaby Lame Becomes World’s Most Popular TikToker
  • Merchant Platform Pine Labs Acquires Fintech Infra Startup Setu for $70-75 Million

Latest News

images 9 17

Christiano Ronaldo and Binance Announce NFT Partnership

June 24, 2022
Khaby Lame Tiktoker

Khaby Lame Becomes World’s Most Popular TikToker

June 24, 2022
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Marketing
  • Tech
  • Insight
  • Interviews
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • CRYPTOCURRENCY
  • Retail

© 2019 NBB. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.