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India's 5G sales hit 50% market for 1st time: Report
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IANS | 05 Jun, 2023
The monthly 5G smartphone sales share has crossed the 50 per cent mark
in India for the first time in April this year, a new report said on
Monday.
According to Counterpoint Research, 5G services are still patchy across most of India after launching in October 2022.
"There's
still a long way to go, especially in terms of network coverage. But
this is a milestone for sure," said Tarun Pathak, Research Director.
Moreover,
the report said that while Samsung assisted in crossing the 5G market
across the line in the country, OnePlus was the true winner.
"Samsung
helped 5G get across the line, but OnePlus was the real winner. Huge
month for them as they punched above their weight, capturing a third of
all 5G sales," said senior research analyst Shilpi Jain.
Meanwhile,
global smartwatch shipments contracted 1.5 per cent (year-on-year) in
the first quarter of this year, and the 121 per cent growth in India's
shipments managed to restrict the decline.
In terms of the
regional markets, India surpassed North America, reclaiming its position
as the top region with a 27 per cent share of global smartwatch
shipments.
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