Indian forced to run old Smartphone! These reasons including inflation became trouble: report – smartphone shipment records 20 percent drop in q1 2023 says canalys report

Indian forced to run old Smartphone!  These reasons including inflation became trouble: report – smartphone shipment records 20 percent drop in q1 2023 says canalys report

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Smartphone Shipment in India:If we talk about the Indian smartphone market, then it is a big smartphone market with around 600 million smartphone userbase. However, in the first quarter of the year 2023, a record decline has been recorded in India in terms of smartphone sales. Means Indians are buying less number of smartphones. According to market research firm Canalys, smartphone shipments in India have fallen by 20 percent compared to last year, which is the highest ever in the first quarter.what was the reason
There have been many reasons for the decrease in smartphone sales. The main reason for this is believed to be the increase in the inflation rate. Apart from this, due to lack of consumer demand, reduction in inventory and component shortages, a decrease in smartphone sales is being recorded.

how much was the shipment
In the fourth quarter of the year 2022, Samsung has become the top smartphone brand leaving behind Xiaomi. In the first quarter of 2023, Samsung’s market share was around 21 percent, while the shipment was 6.3 million. The same Xiaomi reached the fourth position in the top 5 smartphone brands. Its shipment was around 5 million. While the second position has been captured by Oppo. Its shipment has been 5.5 million. While Vivo stood at the third position with 5.4 million shipments.

Here are the top smartphone brands
Samsung – 6.3 million shipments
Oppo – 5.5 million shipments
Vivo – 5.4 million shipments
Xiaomi – 5 million shipments

Samsung’s burglary in offline sale

According to the Canalys report, Samsung has made a dent in the offline market. The reason for this has been the 5G powered A-series smartphone. The same Apple is also strengthening its chain of offline stores. Both Samsung and Apple have forecast record-breaking exports of around $4 billion in the first quarter of 2023.

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