Not just India, China-based handset makers have captured over 25 percent of the Russian smartphone market in the second quarter of 2017, a report said. Global smartphone manufacturers captured almost 60 percent of the smartphone market and grew 10 percent sequentially, followed by Chinese brands with 27 percent market share in Russia, market research firm Counterpoint said. Also Read - PUBG New State receives over 17 million pre-registrations as closed alpha testing endsAlso Read - iPhone selling in LG stores? Apple is apparently in talks for a new deal
Russia smartphone shipments declined 12 percent year-on-year (YoY) during the second quarter of 2017 but grew 2 percent sequentially, the report added. Meanwhile, the share of local brands declined to single digits. “Decline in smartphone segment was mostly due to seasonality and lack of offers from the retail side. However, premium segment almost doubled YoY. This has helped Apple to reach double-digit market share in Russian smartphone market and maintaining its lead over the premium segment,” said Tarun Pathak, Senior Analyst, Mobile Devices and Ecosystems, Counterpoint Research. Also Read - Apple CEO Tim Cook claims iOS is more secure than Android
South Korean major Samsung led both overall and smartphone segment with a market share of 24 percent and 37 percent respectively during the second quarter of 2017. Apple secured the second spot with 10 percent market share. However, a majority of its shipments were still contributed by older models. ALSO READ: India smartphone market may see strong pick up in Q3, 2017: Report
Xiaomi also expanded its footprints during this quarter through its official distributor “RDC”. The company is also planning to open offline stores in major cities of Russia in the coming year. Almost 25 percent sales came from online channels in this quarter.