India's smartphone shipments jump 22% in Q2 after two quarters of decline: Canalys
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The Indian smartphone market rebounded in the seasonally weak April–June quarter after two successive quarters of decline, growing by nearly 22% sequentially and 7% year-on-year, driven by increased launches of new models from smartphone brands. Smartphone shipments grew from 32 million in Q1 FY25 to 39 million in Q2 FY25, as channels were more willing to accept fresh inventory ahead of the festive season, according to data from research firm Canalys , available exclusively with ET."Despite Q2 being a seasonally slow quarter with climate disruptions, limited retail footfall, and geopolitical tensions, the market still grew," said Sanyam Chaurasia, analyst at Canalys.Vivo and Oppo were the top brands contributing to the overall growth. The Chinese brands clocked double-digit growth, on the back of new affordable handsets pushed through online channels and new retail partnerships, Canalys said.Meanwhile, Samsung's shipments remained flat, while Xiaomi saw another quarter of decline in its shipments, according to Canalys data.
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