Canalys: Indian smartphone market declines by 3% in Q3 but recovery looms ahead

A total of 43 million smartphones were shipped in India during the July-September months according to the latest Canalys Smartphone Market Pulse report. The figure represents a 3% drop compared to the values from a year ago but Canalys notes that the improved consumer confidence and the launch of several high-profile smartphones will likely lead to positive growth ahead of the festive season. Samsung retained its market leadership with an estimated 7.9 million shipments and 18% market share. Xiaomi came in at a close second place matching Samsung’s market share figure while shipping...