With a 26 percent market share, Chinese handset maker, Xiaomi, continued its dominance in the India smartphone market during the third quarter of 2019. That’s according to the latest Market Monitor report from Counterpoint Research, which says smartphone shipments during the quarter reached a record 49 million units despite the slowdown in the overall economy.
Meanwhile, even as the smartphone market registered impressive growth, the feature phone market witnessed a steep decline of almost 37 percent YoY. However, itel, Lava and Karbonn still managed to register positive annual growth as itel emerged as the number two player in the segment during the quarter.