Samsung Electronics Co. expanded its presence in the Indian smartphone market in the first quarter of the year to 20 percent from 16 percent a year earlier on the back of multiple new handsets and by its focus on the budget segment.
The South Korean tech giant took the runner-up spot in the Indian smartphone market but narrowed the gap with top player Xiaomi Corp., a Chinese brand whose market share dipped to 26 percent from 31 percent in the previous year.
Three other Chinese brands made it in the top five, with Vivo coming in third with 16 percent, and Realme and Oppo each with 11 percent.
But it was Samsung that posted the highest on-year growth in smartphone shipments in the first quarter.
Samsung launched its latest flagship Galaxy S21 series while refreshing its A-series with the A32, A52, and A72, and the M-series with its M12.
Smartphone shipments to India expanded 23 percent on-year to reach over 38 million units in the first quarter of 2021, marking the highest ever for the first quarter.
Samsung recaptured the top position in India's mobile handset market, including the feature phone segment, with a 19 percent share, edging Xiaomi's 16 percent.
India's feature phone market posted a 14 percent year-on-year growth in the first quarter.


Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral
SAP Beats Q2 Revenue Estimates as Cloud Backlog and Business AI Demand Drive Growth.
Asian Stocks Sink as AI Spending Fears and China Chip Advances Hit Tech Shares
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors
Asian Markets Rise as Oil Prices Fall Ahead of Fed, BOE, BOJ Meetings
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth
South Korean Chip Stocks Plunge as AI Spending Concerns and China Competition Shake Market
SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations
Trump Says No Decision on Major Iran Strikes as U.S.-Tehran Talks Intensify
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance
India GDP Growth Forecast Cut as Weak Investment, High Oil Prices Weigh on Economy
Uber Stock Falls as Waymo Plans to End Robotaxi Partnership by 2028
European Stocks Edge Higher as Strong Earnings Offset Inflation and Fed Rate Concerns 



