Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Live: Live: Finance secy on the Adani crisis
you are here: HomeNewsBusiness

Samsung India eyes 5% rise in smartphone market share this yr

South Korean technology major Samsung today said it is eyeing a 5 percent rise in overall market share in smartphones in the Indian market this year on the back of new launches.

May 21, 2018 / 08:17 PM IST

South Korean technology major Samsung today said it is eyeing a 5 percent rise in overall market share in smartphones in the Indian market this year on the back of new launches.

"Last year we saw a 42 percent market share by value and 37 percent by volume in overall smartphones (as per market research firm GfK). With new launches, we are sure that at an overall level, we would be able to gain around 5 percent share in 2018," Samsung India senior vice-president Mohandeep Singh told PTI here.

The domestic smartphone industry was pegged at Rs 80,000 crore in 2017, as per GfK.

The company today launched new phones in its Galaxy range, J6, J8, A6 and A6+, priced between Rs 13,990 and Rs 25,990.