Samsung Outsells Competition in India

Samsung Outsells Competition in India
With an over 28% market share, Samsung has sold the most smartphone devices in India this year.

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(CCM) — This year, South Korean giant Samsung beat Apple, Motorola, and other leading smartphone companies to the number one spot in India’s mobile smartphone industry. This is the case even after its Note7 fiasco earlier this year. Samsung captured 28.52% of sales, followed by Apple’s 14.87% and Motorola's 10.75%. This lead is largely thanks to Samsung's Galaxy Grand Duos I9082, which was the most traded mobile phone of this year, with 3.02% resale rate this year, a recent report from ecommerce app Cashify said. "This was followed by the Moto family's most successful phone of the year, Moto G 16 GB (2nd Gen), with 2.71%. [The] Apple iPhone 5s 16 GB (factory unlocked) came in third with a 2.34% share," the report added.

The report also revealed that India’s mobile resale market is picking up momentum as a number of users are using online marketplaces to exchange or resell their old smartphones to buy the latest market releases. This is proven by the fact that, in the days preceding scheduled launches for new smartphones, there is an increase in the number of resales and exchanges. The online market helps users to understand the resale value of their old smartphones, and it is also helping the market to grow, the Cashify report said. E-commerce sites, such as Amazon India and Flipkart, continuously provide an ongoing exchange option to users.

Image: © Zeynep Demir -