Be the first, order the brand new Galaxy S24 FE, Galaxy Tab S10 Ultra, order the KING Galaxy S24 Ultra!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung leads India’s premium segment in Q1 thanks to these phones

General
By 

Last updated: May 8th, 2020 at 18:06 UTC+02:00

Samsung managed to recapture India's premium smartphone segment by shipment market share in Q1 2020 even if zero shipments were recorded in the last week of March due to the COVID-19 lockdown, according to fresh data from Counterpoint Research. This was the first time in the last four quarters when Samsung led the premium market segment in India.

To be precise, Counterpoint Research defines the premium segment at a price point above INR 30,000, or roughly $400. In other words, the data covers more than just flagship phones.

‘Lite' phones and the Galaxy S20 were the key to regaining the top spot

The source claims that affordable premium phones like the Galaxy S10 Lite and Galaxy Note 10 Lite, along with the ultra-premium Galaxy S20 series were the main drivers for the company's success in India throughout Q1. Incentives and Galaxy S20 cashbacks have also contributed to boosting the company's share.

Samsung's premium smartphone shipments in the first quarter helped the company secure 34% of the market. But despite this newfound success, Samsung is unlikely to carry forward this momentum, according to the research firm. This is due to the shutdown of all retail activities in the first half of the second quarter.

On one hand, Samsung is already bringing 20,000 retailers online to increase sales, so it remains to be seen how the company will perform throughout Q2. On the other hand, the company recently lost second place in India to Vivo, so even though Samsung is winning some key battles, it seems to be losing ground in the bigger war. Things could still turn around, especially since the marks left on the economy by COVID-19 might be reshuffling the cards to a degree.

BusinessGeneral Galaxy Note 10 LiteGalaxy S10 LiteGalaxy S20India
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Galaxy Ring is launching in India soon

Galaxy Ring is launching in India soon

When Samsung launched the Galaxy Ring a few months ago, it was only available in a handful of countries, including the USA and some European nations. Recently, the company expanded its availability to Australia, and now, the South Korean firm is ready to launch the Galaxy Ring in India. Galaxy Ring India launch to happen […]

  • By Asif Iqbal Shaik
  • 9 hours ago
Galaxy S24 FE now available for purchase in India

Galaxy S24 FE now available for purchase in India

Samsung is now selling the Galaxy S24 FE in India following a weeklong pre-order period. The latest Fan Edition phone from the Korean giant has the same price tag as its predecessor. The Galaxy S24 FE sports 8GB of RAM with 128GB or 256GB of storage. The 8GB+128GB variant costs INR 59,999 and the 8GB+256GB […]

  • By Abhijeet Mishra
  • 1 week ago
Samsung’s legendary phones facing bootloop issues after update

Samsung’s legendary phones facing bootloop issues after update

A few days ago, Samsung released an update to the SmartThings app that reportedly caused severe issues for some older Samsung smartphones. Multiple Galaxy Note 10 and Galaxy S10 series users complained about their phones getting stuck in a boot loop. The company has now confirmed the cause. Samsung confirms SmartThings update caused bootloop issues […]

  • By Asif Iqbal Shaik
  • 1 week ago
Galaxy Z Fold 6, Flip 6 get massive discounts in India

Galaxy Z Fold 6, Flip 6 get massive discounts in India

India’s festive season is right on the doorstep. With that, many brands and e-commerce platforms in the country are offering massive discounts on many products. One of them is Samsung. Last week, the South Korean tech giant announced the Fab Grab Fest in the country, where it is offering lucrative benefits on many models. Now, […]

  • By Abid Iqbal Shaik
  • 1 week ago
Galaxy M55s gets a significant price cut in India on Amazon’s sale

Galaxy M55s gets a significant price cut in India on Amazon’s sale

Last month, Samsung launched the Galaxy M55s in India, a slightly modified variant of the Galaxy M55. Back then, the company priced it at INR 19,999 for the 8GB RAM + 128GB storage model, and INR 22,999 for the 8GB RAM + 256GB storage version. Well, it hasn’t even been a month since then and […]

  • By Abid Iqbal Shaik
  • 2 weeks ago
Galaxy Z Fold 3, Flip 3 One UI 6.1.1 update out in the US, India, and more

Galaxy Z Fold 3, Flip 3 One UI 6.1.1 update out in the US, India, and more

The Galaxy Z Fold 3 and Galaxy Z Flip 3 started receiving the One UI 6.1.1 update this week. Initially, availability seemed to be limited to Europe, but it turns out the update is out in many regions. Never has a One UI update rolled out in as many markets on the same day as […]

  • By Abhijeet Mishra
  • 2 weeks ago