Micromax Tops the List

Indian budget smartphone maker Micromax climbed to first position surpassing South Korea’s Samsung Electronics Co Ltd in India’s booming smartphone market. Micromax became the leading supplier in India’s booming smartphone market for the first time in the fourth quarter, research firm Canalys said.

In a report issued on February 3, Canalys said Micromax accounted for 22% of smartphone sales in India in the October-December quarter, ahead of Samsung’s 20%. In total, 21.6 million smartphones were sold in India in the period, a 90% surge from a year earlier.

India has the world’s second-highest number of mobile phone users after China, is the third-biggest market by number of smartphones sold. Low-priced smartphones are the top sellers in a country where many buyers are upgrading from feature phones.

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