Today's Paper Archive Classifieds Subscriptions RSS Feeds Site Map ePaper Mobile Apps Social
SEARCH

Business » Industry

Updated: August 20, 2013 23:38 IST

Samsung trumps Nokia in handset sales

Staff Reporter
Share  ·   Comment   ·   print   ·  
The market grew from Rs 31,330 crore in FY’12 with Korean electronics maker Samsung dethroning Nokia from the top position this year, according to a survey.
The Hindu The market grew from Rs 31,330 crore in FY’12 with Korean electronics maker Samsung dethroning Nokia from the top position this year, according to a survey.

The fat lady has sung — Nokia is out.

CyberMedia, which perhaps was the only research agency that still claimed that handset maker Nokia continued to dominate the Indian market, has put out a new report that concurs with its counterparts in saying that Samsung is now the new market leader.

According to the agency’s annual Voice & Data (V&D) 2012-13 report, Samsung now boasts 31.5 per cent market share — and ended the year with revenues of Rs.11,328 crore.

This is compared to the Rs.7,891 crore in revenue it clocked the previous year.

Nokia, which has been holding the fort for over a decade, on the other hand, now commands a market share of 27.2 per cent. Adding to the injury is a drop in the Finnish handset maker’s India revenues.

In the 12 months ended March, 2013, Nokia’s revenues from Indian operations were recorded at Rs.9,780 crore — a substantial drop from the Rs.11,925 crore clocked in the previous financial year. While news of Samsung’s ascent first came nearly a year ago — it has been hotly disputed amongst leading research agencies; this latest report indicates that a consensus of sorts has now been found.

According to the report, Samsung’s rise in the Indian market is mainly attributed to the company’s wide price range and that its handsets come in varied screen sizes.

The 18th annual survey ‘V&D’ 100 covered over 30 mobile handset companies doing business in India across categories like feature phones, multimedia phonesand smartphones.

At the lower end of the smartphone battle, local player Micromax has placed number three — with a market share of 8.7 per cent.

The Indian mobile handset market, on the whole, posted revenues of Rs.35,946 crore in the last financial year, up 14.7%.

Keywords: smartphonesSamsungNokia

More In: Industry | Business
This article is closed for comments.
Please Email the Editor
ADVISORY ON OIL BLOCKS
Should India restrict foreign investors in a globalised world?
Yes
No
Can't say

National

International

Sport


O
P
E
N

close

Recent Article in Industry

Latif Nathani

Indian e-commerce market is nowhere near maturity – eBay India MD

It is the global ‘Big Daddy’ of the e-commerce business. After entering India through the acquisition of Baazee.com almost a decade ago,... »