India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
The Chinese market caused nearly half the worldwide decline, mainly due to seasonal weakness, according to market research firm Canalys.
Looking beyond the pandemic, there are more reasons to prefer online over offline. A variety of choices and pricing are the top reasons for consumers to prefer online channels for smartphone purchases.
The 5G smartphone shipments were up from 7 per cent in Q1 2021 to 15 per cent in the second quarter, as nearly every player doubled down on launching 5G-ready affordable devices.
The report, by re-commerce market-place Cashify, is based on a survey of nearly 4,000 people in the country.
Samsung's push into the mid-end segment with its successful A-Series devices was another major driver.
After tasting success in emerging markets like India and Southeast Asia and expanding into western Europe, Chinese smartphone maker Xiaomi…
Chinese smartphone giants like Huawei, Oppo, Vivo and Lenovo have made deep inroads into India, Russia and even Africa, but…
