
iPhone 16 tops shipments, Nothing fastest-growing brand in India: Report
The report points out that India's smartphone industry benefitted from better economic conditions — lower inflation and increased disposable income. Retail activity was also strong, with brands like Vivo, Samsung, and Apple offering better EMI plans, exchange offers, and bundled deals. The ultra-premium segment (Rs 45,000 and above) grew by 37 per cent YoY, the fastest among all price categories, with Apple and Samsung leading the push.Chipset shipments also reflected a healthy market. MediaTek led with a 47 per cent share, followed by Qualcomm at 31 per cent, which also grew its smartphone shipments by 28 per cent in the same quarter.Among other notable performers, Motorola grew shipments by 86 per cent YoY, riding high on demand for its G and Edge series and pushing deeper into smaller cities. Lava, meanwhile, was the fastest-growing brand in the sub-Rs 10,000 price segment with 156 per cent YoY growth.- Ends

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