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IDC Announcement - Xiaomi Leads India Market for Mobile Devices in Q2 2018

ΠA few months ago you were surprised by the news that Xiaomi was the leader in the global market for mobile devices, according to the IDC report. Now, the same American market research agency has published a report on the Indian market alone, which corresponds to the second quarter of 2018. Although it seems unbelievable, Xiaomi Wearables have achieved a large percentage of 46%! , and aUndoubtedly, it ranks first in the Indian market.


IDC report - Xiaomi in first place with 45,8% of shipments


Shipments of this category of devices have already exceeded one million units in India, according to the report. However, this number represents an increase of 66% from year to year and 40% from quarter to quarter. If we go back to the first quarter, the top 3 companies that took the podium continue in this quarter. And among all the products, The SmartBands are the most demanding devices, amounting to 90% , only in second quarter shipments. However, smatwatch is not far behind. Their shipments showed a slight increase of 34%.

 

Now let's move on to the most important part of the report, in the statistics of Xiaomi wearables, as here the company showed a 31% increase in sales compared to the previous quarter. The best of all is how continues to hold the first place in India. Immediately after, followed by COQii, Titan, Fitbit and Lenovo , respectively. Lenovo has once again entered the top 5, after being three places below and trying not to let this happen again, after Lenovo recently released three new smart bracelets that strengthen the company's position in the market.

On the other hand, Xiaomi's return to the top once again, compared to the previous quarter, the Chinese giant's market share fell slightly . Most Xiaomi Wearables are sold through online retailers, but Xiaomi has now significantly enriched the physical retail channel through the popular Mi Stores through its local partners in various countries, such as Greece with InfoQuest.

Source

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