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Rs. 22000 crore worth 5G smartphones sold in India in three months

5g smarphones sales in india | photo courtesy: special arrangement

Although 5G network services have not been launched, sales of 5G handsets in India have increased sharply. In the third quarter of the current financial year, 5G phones were sold for $ 3 billion (approximately Rs 22,215.42 crore). Brands like OnePlus, Oppo, Realme, Samsung, and Vivo all prefer 5G.

Shipra Sinha, an analyst at CMR’s Industry Intelligence Group, said the five brands together sold Rs 300 crore worth of 5G smartphones in the third quarter. Demand for this specialty has grown significantly as a result of recent corporate scandals. India’s overall smartphone exports grew by 47%. In India, Shomi has the largest market share at 23%. Samsung came in second with 18 percent market share, followed by Vivo and Realmy with 15 percent and Oppo fourth with 9 percent. However, the top five brands saw a decline in the number of units sold.

Although not in the top five, Apple has seen 32 percent growth this year over last year. Apple topped the Super Premium (Rs 50,000-1,00,000) category with 84% market share. The strong performance of older generation iPhones, including the Apple iPhone 12 and iPhone 11, led to Apple’s success. The iPhone 12 and 11 together accounted for one-fifth of iPhone exports. Even OnePlus sales grew 68 percent. Nord 2 accounted for 40% of OnePlus’ market share. Feature phone sales fell 21 percent. Itel dominates the feature phone segment with a market share of 27%. Lava is second with 19 percent and Samsung is third with 14 percent.

Rakesh Sudheesan: Founder/Editor/Journalist at Mixindia.com
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