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India's smartphone market stabilized in the second quarter with 36.1 million units shipped, according to a report by Canalys. That figure represents a 1% dip from a year ago, far better than the 20% drop in the first quarter. Compared with the previous quarter, the market grew 18% as inventory levels improved, which Canalys attributed to a better business environment. Samsung continued to dominate in the second quarter, claiming about 18% market share with 6.6 million shipments, according to Canalys. Vivo followed closely shipping 6.4 million phones, while Xiaomi ranked third with 5.4 million shipments.
Persons: Sanyam Chaurasia, Vivo, Xiaomi Organizations: Samsung, Canalys Locations: Old Delhi, India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's store opening in India could lead to bigger market share, analyst saysSanyam Chaurasia of Canalys discusses the opening of India's first Apple retail store in Mumbai.
Tim Cook opens first Apple store in India
  + stars: | 2023-04-18 | by ( Michelle Toh | ) edition.cnn.com   time to read: +5 min
“We’re excited to build on our long-standing history — supporting our customers, investing in local communities, and working together to build a better future.”Apple's newest store in Mumbai, India. AppleIn a separate statement Monday, Apple (AAPL) shared a peek of its new Mumbai store, located at a property owned by Reliance Industries, the conglomerate of Indian tycoon Mukesh Ambani. Apple products are considered too expensive by many consumers in the country. In 2020, Apple launched an online store in India, allowing customers to buy its products and, for the first time, customize certain devices. Apple had previously planned to open its first physical store in the country in 2021, though that was derailed by the Covid-19 pandemic.
Apple will manufacture iPhone 14 in India
  + stars: | 2022-09-26 | by ( Associated Press | ) www.nbcnews.com   time to read: +3 min
NEW DELHI — Apple will make its iPhone 14 in India, the company said on Monday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries. “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” Apple said in a statement. India is the world’s second-largest smartphone market after China but Apple iPhone sales have struggled to capture a large share of the market against cheaper smartphones from competitors. Apple is likely to shift about 5% of its iPhone 14 production to India from later this year, raising it to 25% by 2025, according to a JP Morgan report quoted by the Press Trust of India news agency.
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