Samsung Mobile Record Highest Growth in 2nd Quarter

Samsung Mobile Record Highest Growth in 2nd Quarter

South Korean smartphone maker Samsung has shown tremendous growth in the second quarter of the year. The South Korean smartphone has benefited from the anti-China sentiment of Indian users. According to a recent Counterpoint report, Samsung has once again become the second-largest smartphone brand in the Indian market. In the second quarter of the year, India had a nationwide lockdown of two months due to coronavirus. Due to which online and offline business of smartphone maker companies was affected. In the third phase of the lockdown, smartphone maker companies had restarted their businesses after opening online delivery in the Green and Yellow zones. After this, many companies launched their smartphones and started their sale.

According to a recent report by Counterpoint Research, Samsung almost equaled 29 percent market share of Chinese smartphone brand Xiaomi in the second quarter of 2020. In particular, the company’s M series and A series of smartphones have seen a spurt in sales. The company launched Samsung Care + during the era of the coronavirus epidemic which has helped restore the company’s sale. Not only this, compared to Chinese smartphone brands, the company has also repaired its supply chain, which has benefited the company. Samsung was the first smartphone brand to have managed to bring its manufacturing capacity to 94 percent by the end of June.

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