Samsung succeeds in dominating India's premium smartphone segment in H1 2018

Published on: Aug 17, 2018 16:30 IST
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Samsung succeeds dominates India's premium smartphone segment in H1 2018

Samsung overwhelmed the premium smartphone section in India in the first half of 2018 with a large portion of market share, another report from CyberMedia Research (CMR) claimed on Friday. As per CMR India's ‘Mobile Handset Review’ report, Samsung (48%) was trailed by Chinese cell phone player OnePlus, which got the second spot with 25 per cent share, and Apple with 22 per cent share. "The premium smartphone segment, though small, is driven by aspirational, tech-savvy millennials and in the coming years, will continue to grow significantly. Samsung's flagship S9 helped it garner a lion's share of the premium smartphone segment," Prabhu Ram, Head-Industry Intelligence Group, CMR, claimed in a statement.

Out of the two smartphones shipped in the first half of 2018 one was a Samsung device. "The success of OnePlus 6 can be traced to the intelligent brand strategy of packing the best specs at competitive price points, contributing to the emergence of a new 'budget premium' smartphone segment under sub-Rs 30,000," added Ram.

According to the sources, during the first half of 2018, OnePlus introduced its "OnePlus Experience Stores" and is planning to embrace offline in a big way, to complement its strong online presence. It has also been claimed that the iPhone-maker suffered a decline in demand for its iPhones due to pricing challenges on account of post-duty increase.

"Apple is reworking its India strategy for the all-important second half of 2018, with new retail partnerships, first-party stores and service overhauling with India-focused apps and services, including refreshed Apple Maps," stated Narinder Kumar, Lead Analyst-Industry Intelligence Group, CMR.

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