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The Economic Times

AI to electronics: Micromax to foray into new-age businesses

Micromax co-founder Rahul Sharma said Micromax's manufacturing arm Bhagwati has taken over Vivo's mobile phone factory in Greater Noida, where it will be making originally designed mobile phones, IT hardware and automotive parts through a joint venture with one of the largest ODMs (original design manufacturers).

Hindustan Times

Amazon and Flipkart accused of breaking competition law with smartphone makers like Samsung, Xiaomi…

The CCI said Amazon and Flipkart, with smartphone makers Samsung, Xiaomi, Motorola, Vivo, Lenovo, Realme and OnePlus, did exclusive launches, breaking the law

The Economic Times

India pips US to become 2nd largest 5G smartphone market

India has surpassed the US to become the second-largest market for 5G smartphones after China in early 2024, driven by affordable models from Xiaomi, Vivo, and Samsung, according to Counterpoint Research. Global 5G smartphone shipments grew 20% year-on-year in the first half of 2024.

The Economic Times

Vivo T3 Ultra to be launched soon: Specs, features and expected India launch date

Vivo is gearing up to launch its new T3 Ultra smartphone in India. This model is expected to feature the Mediatek Dimensity 9200+ SoC, up to 12GB of RAM, a 6.77-inch curved AMOLED display, and a 50MP Sony IMX921 primary camera. Further details about the official launch date and pricing are awaited.

The Economic Times

India's smartphone market grows 3.2% with 35 mn shipment in Q2, Vivo tops the chart

The Indian smartphone market grew by 3.2% in the second quarter of 2024, shipping 39 million units. Vivo led with a 16.5% market share. Apple led the super-premium segment with 83% share. Samsung followed with 12.9% market share. The entry-premium segment saw the highest growth, increasing its share to 30%, a 42% YoY rise.

The Economic Times

Xiaomi, Vivo, Realme and Oppo in high demand: Indians lapping up Chinese brands despite intense scrutiny

China's Xiaomi was examined by Indian govt agencies over alleged foreign exchange violations in 2022, which coincided with a large proportion of its top leadership changing. The company ceded its No. 1 spot in the December quarter of 2022 to Samsung, eventually sliding to fourth. But by the June quarter this year, Xiaomi was back at the top on the back of an aggressive expansion in offline retail. Vivo is another Chinese company that has faced investigations over allegations of tax violations and money laundering.

The Economic Times

Samsung launches sixth generation foldables amid rising competition from Chinese brands

Samsung has intensified competition in the super-premium foldable smartphone segment with the launch of its sixth generation devices, the Z Flip6 and Fold6. Despite maintaining a dominant 79% volume share in India's foldable smartphone market as of Q1 2024, Samsung faces growing competition from Chinese brands like Tecno, Motorola, OnePlus, and Vivo.

Business Standard

Chinese smartphone giants seek Indian partnerships amid govt push

Vivo, Oppo, and Xiaomi are in discussions to collaborate with Indian companies for manufacturing and distributing their products in India, however, major conglomerates seem hesitant