Lenovo Group combined with its acquisition of Motorola, has become the third biggest smartphone seller by shipments overtaking home-growth Intex Technologies during the October to December quarter, when 25.6 million smartphones were shipped in the country, according to the latest quarterly data from International Data Corp.
While Samsung Electronics led the packwith 26.8% market share followed by Micromax Informatics Ltd’s 14.1% share, Lenovo including Motorola pipped Intex to gain the third position with a market share of 11.6% during the quarter, pushing the New Delhi-based company to the fourth position in terms of shipments, the data showed.
4G based smartphone shipments surpassed 3G volume for the first time during the last quarter of the year, primarily led by Samsung and Lenovo together accounting for more than half of 4G volumes,” Karthik J, Senior Market Analyst, Client Devices at IDC said.
For the current year through December 2016, IDC forecasts smartphone shipments to grow at double digits rates and overtake the sales of feature phones. “Also, we expect 2016 to be a year of affordable 4G smartphones. By end of 2016, we expect at least one in two smartphones shipped in India to be a 4G enabled device,” IDC said.
IDC expects the smartphone shipments to grow at double digit rates in CY 2016.The share of smartphones in the overall mobile phone market was around 40 percent in CY 2015 and given the current trend, smartphone sales would overtake feature phone sales in 2016. In 2015, smarrphone shipments grew 28.8% to 103.6 million units, making India as one of the fastest growing smartphone market in Asia Pacific, IDC statement added.