Poco X3 Pro picture used for illustration.
the newest IDC report states that the Indian smartphone market grew 18 p.c YoY development in the 1Q21 (January to March), totalling 38 million models, however declined by 14 p.c from a robust 4Q20.
Poco India has introduced that the corporate registered 300 p.c development year-over-year (YoY) in the primary quarter of 2021 (January to March). Citing IDC’s May version of the Quarterly Mobile Phone Tracker report, the Chinese tech model continued success in India after launching a bunch of inexpensive telephones similar to Poco X3, Poco M3 and extra. In November 2020, Poco was ranked the third main on-line smartphone manufacturers in India, overtaking different notable Chinese smartphone makers similar to Realme and OnePlus. As per Poco, its Poco X2 turned the “best-selling” smartphone on Flipkart under the price segment of Rs 15,000-20,000 in March within one month of its launch last year. Whereas, the Poco M3 that debuted in February this year sold over 5 lakh units within 45 days of the launch. The company expects the newly launched Poco X3 Pro (March 2021) will resonate among a large audience looking for a feature-packed budget smartphone.
Speaking over the development, Anuj Sharma, Country Director at Poco India, stated that its rise to the highest three in the net smartphone area in simply 10 months highlighted the “belief” prospects have with the model. “This belief has helped us obtain one more milestone by attaining the very best development among the many prime ten smartphone manufacturers in the primary quarter of 2021. As we proceed to develop in the market, we purpose to give attention to delivering one of the best and compelling proposition, with out compromising on the standard of the units,” he added in a statement. Poco also shared the development across its social media channels.
Your love is the only reason we shot up to become India’s fastest growing smartphone brand according to the @IDC.Words aren’t enough to thank all of you! ❤️ pic.twitter.com/jnoOAAY4LV
— POCO India – Register for Vaccine 💪🏿 (@IndiaPOCO) May 24, 2021
Meanwhile, the latest IDC report states that the Indian smartphone market grew 18 percent YoY growth in the 1Q21 (January to March), totalling 38 million units, but declined by 14 percent from a strong 4Q20. The report adds that the onset of the second wave of COVID-19 pandemic towards the end of the quarter resulted in “subdued consumer demand.” The leaderboard notes that Xiaomi continues to dominate the smartphone market with a 27.2 p.c share, adopted by Samsung (19 p.c), Vivo (17.3 p.c), Oppo (12.2 p.c) and Realme (10.7 p.c).
Read all of the Latest News, Breaking News and Coronavirus News right here
