Chinese smartphone maker Vivo is on a roll in India, smashing its previous record of 4.5 million units to ship 5.8 million smartphones in Q2 2019. Meanwhile, Samsung is languishing.
Thirty-seven million smartphone units were shipped to India in the second quarter of 2019, a record for this period, according to the analyst firm Counterpoint Research, which said the growth was due to new launches, price cuts on existing products and channel expansion across brands.
About 800 million 5G-enabled smartphones are forecast to be shipped in 2023 by the technology analyst firm Canalys, accounting for 51.4% of all smartphone shipments by that time. Overall, in the five-year period, Canalys said it expected the compound annual growth rate to be 179.9%, with a total of 1.9 billion devices shipped to market by the end of 2023.
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