Samsung outperforms Xiaomi in one of the largest smartphone markets

Samsung
alex mathos10 May 2022Last Update : 2 months ago
Samsung outperforms Xiaomi in one of the largest smartphone markets

According to Counterpoint Research, Samsung became the number one company in India in the first month of spring with a share of 22% of devices, and 27% of all profits ended up in the company’s treasury. The increase in income over the same period last year was 9%. We were among the reasons that helped the company to do so is the good sales of the Galaxy S22 series; and new products in the Galaxy M, A and F lines.

Samsung outperforms Xiaomi

Galaxy S22-series and Galaxy A-series saw strong consumer demand; This made March a record month for the company. The exceptional growth in March indicates stronger double-digit growth for Samsung in the current quarter from April to June 2022.

Samsung posted on its location On the web, she released a press release about India’s success, while at the same time talking about her future plans. Thus, the company wants to increase its share in the Indian market to 40% in the first half of 2022. The main focus is on the Galaxy A13, Galaxy A23, Galaxy A33, Galaxy A53 and Galaxy A73 models.

Samsung topped the Indian smartphone market in March 2022, accounting for 22% of the shipment volume and 27% of the revenue; According to Counterpoint Research Monthly India Smartphone Tracker. The timely expansion of the company’s phones with 5G capability all the way to the M and F&A series and the strong uptake of the Galaxy S22 series and foldable flagship series helped Samsung grow back into the leadership position.

Samsung outperforms Xiaomi in one of the largest smartphone markets

This growth is commendable given that of the entire industry. The company is currently facing supply chain constraints, and the Korean company can benefit from its vertical integrated supply chain expertise and scale to better overcome the shortage. “Samsung has gained strong momentum to capitalize and maintain its leadership,” said Neil Shah, Vice President of Research at Counterpoint.

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Have you ever tried the phones of the Korean company?

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