According to research firm Canalys, India has overtaken US to become second largest smartphone market in the July-September 2018 quarter.
a. Japan
b. US
c. South Korea
d. None of the above
- India saw a shipment of 40.4 million units during third quarter and was second to China where 100.6 million smartphones were shipped.
- Smartphone shipment in US was at 40 million units.
Details:
- Worldwide smartphone shipments fell by 7.2% year-on-year to 348.9 million units during July-September 2018, a fourth consecutive quarter of decline.
- This was also worst third quarter performance since 2015.
- Seven of the top ten markets recorded year-on-year (y-o-y) declines, mainly caused by lengthening smartphone replacement cycles, worsening international trading conditions and competition from major Chinese vendors.
- The three markets (among top 10) that registered growth were Indonesia (13.2% increase y-o-y to 8.9 million units), Russia (11.5% jump y-o-y to 8.8 million units) and Germany (2.4% rise y-o-y to 5.5 million units).
- China's smartphone shipment declined 15.2% y-o-y, India by 1.1% and US by 0.4% in September 2018 quarter.
- Samsung led vendor tally with 20.4% share in said quarter, followed by Huawei (14.9%), Apple (13.4%), Xiaomi (9.6%), and Oppo (8.9%).
- The worldwide smartphone market faces unprecedented challenge, while its dynamics are changing rapidly at both vendor and country level.
- This is providing growth opportunities for aggressive vendors with speed to respond quickly to market changes.
Question:
Q. According to research firm Canalys, India has overtaken which country to become second largest smartphone market in the July-September 2018 quarter?a. Japan
b. US
c. South Korea
d. None of the above
