Decline in Indian smartphone sales in Q2; may recover in H2 2020

The total smartphone shipment in India in Q2, till June, declined 41% QoQ and 48% YoY. Reason being the nationwide lockdown, disrupted supply chain, curtailed domestic production.  Xiaomi led the market with 30% share followed by Samsung (24%) and Vivo (17%), securing top 3 places. Reportedly, the market is expected to improve in Q3 due to the festive sales, leading it towards recovery. Thus, H2 2020 may witness recovery by >40% compared to H1.

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