comscore Samsung’s mobile business revenue in India up by 27%: Report
News

Samsung’s mobile business revenue in India up by 27%: Report

Samsung saw 27 percent increase in total revenue from India for FY17.

  • Published: December 21, 2017 10:07 AM IST
Samsung-Make-in-India-gallery

Samsung s mobile business in India has seen an increase of 27 percent in revenue to more than Rs 34,000 crore for the year ending March 2017. It is one of the fastest growth rates in recent time for the company, helped by both expansion of retail channels and local manufacturing. Samsung also said that it expects a similar pace of growth in the current financial year. Also Read - Bad news for Galaxy S21 FE fans: Samsung may only launch it in select markets

Also Read - Galaxy Z Flip 3, Galaxy Z Fold 3 official teasers from Samsung leak

Out of the total business, mobile phones accounted for 60 percent revenue for FY17, a rise of 20 percent to about Rs 57,000 crore, compared to 19 percent growth in 2015-2016, with revenue of Rs 47,000 crore. Last year, the mobile business revenues excluded the ill-fated Galaxy Note 7 that was globally recalled due to battery issues, and didn t get released in India at all. Also Read - Samsung Galaxy M32 in pics: First look at the Redmi Note 10S competitor

In October 2016, Samsung has to recall Galaxy Note 7 devices from global markets due to faulty batteries that overheated, causing explosion. While the smartphone was not launched in India, analysts believe that might have shaved off the company s revenue by Rs 6,500 crore, ET reports.

Samsung India’s senior vice-president for mobile business, Asim Warsi said, “had the Note 7 been there, the numbers could have been better… our Note users wait for the next model, which has resulted in high uptake of Note 8 when it came to the market.”

Warsi further added saying that the revenue growth for the current financial year is expected to be the same as FY17, with help from the popular J-series mid-range smartphones, and the Galaxy S8 and Galaxy Note 8 models in the high-end segment.

Samsung s rival Apple saw a growth of 17 percent to Rs 11,618 crore for year ending March 2017, which is the slowest growth in the past five years. Chinese rival Xiaomi, on the other hand, has seen its revenue surge eight-fold by about 700 percent, with revenue of Rs 8,379.3 crore last year, the ET report says. Now, despite Samsung being ahead in terms of revenue, it has been losing market share to Chinese smartphone companies such as Oppo, Vivo and Xiaomi among others.

According to a recent data from Counterpoint Research, Samsung had a market share of 22.8 percent in September end, compared to Xiaomi s 22.3 percent market share. In 2017, Samsung started with a market share of 26 percent, whereas Xiaomi had 13 percent. Other Chinese smartphone makers such as Lenovo, Oppo and Vivo have gained some market share as well, and they together hold more than 54 percent.

When asked about competition, Warsi said that Samsung had a market share of 46 percent by value, and 60 percent in premium segment, which is for smartphones priced above Rs 30,000. “I wouldn’t comment on any specific competitor but I would reiterate that our approach to the Indian consumer and the market thereof has always been that of serving the market and consumer, not addressing specifically competition in that sense,” Warsi said.

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel. Also follow us on  Facebook Messenger for latest updates.
  • Published Date: December 21, 2017 10:07 AM IST


You Might be Interested

Samsung Galaxy Note 8

67900

Android 7.1.1 Nougat with TouchWiz UX
Exynos 8895 Octa-core 64-bit Processor
12 MP (f/1.7 aperture) + 12 MP (f/2.4 aperture)
Samsung Galaxy S8

49990

Android 7.0 Nougat with TouchWiz UI
Samsung's 64-bit Exynos 8895 SoC
12 MP with f/1.7 aperture

new arrivals in india

Infinix Note 10 Pro
Infinix Note 10 Pro

16,999

Infinix Note 10
Infinix Note 10

10,999

Vivo Y73
Vivo Y73

20,990

OnePlus Nord CE 5G
OnePlus Nord CE 5G

22,999

iQOO Z3
iQOO Z3

19,990

Realme C25s
Realme C25s

9,999

Poco M3 Pro 5G
Poco M3 Pro 5G

13,999

Realme X7 Max 5G
Realme X7 Max 5G

26,999

Oppo F19
Oppo F19

18,990

Motorola Moto G40 Fusion
Motorola Moto G40 Fusion

13,999

POCO M2 Reloaded
POCO M2 Reloaded

9,499

OPPO A74 5G
OPPO A74 5G

17,990

Oppo A53s 5G
Oppo A53s 5G

14,990

Vivo V21 5G
Vivo V21 5G

29,990

Realme C25
Realme C25

9,499

Realme C21
Realme C21

7,999

Realme C20
Realme C20

6,799

Motorola Moto G60
Motorola Moto G60

17,999

iQOO 7
iQOO 7

31,990

Samsung Galaxy M42 5G
Samsung Galaxy M42 5G

21,999

Xiaomi Mi 11 Ultra
Xiaomi Mi 11 Ultra

69,999

Xiaomi Mi 11X Pro 5G
Xiaomi Mi 11X Pro 5G

39,999

Xiaomi Mi 11X
Xiaomi Mi 11X

29,999

Realme 8 5G
Realme 8 5G

13,999

Samsung Galaxy F02s
Samsung Galaxy F02s

8,999

Samsung Galaxy F12
Samsung Galaxy F12

10,999

POCO X3 Pro
POCO X3 Pro

18,999

Realme 8 Pro
Realme 8 Pro

17,999

Realme 8
Realme 8

14,999

Vivo X60 Pro Plus
Vivo X60 Pro Plus

69,990

Vivo X60 Pro
Vivo X60 Pro

49,990

Vivo X60
Vivo X60

37,990

OnePlus 9 Pro 5G
OnePlus 9 Pro 5G

64,999

OnePlus 9R 5G
OnePlus 9R 5G

39,999

OnePlus 9 5G
OnePlus 9 5G

49,999

Samsung Galaxy A72
Samsung Galaxy A72

34,999

Samsung Galaxy A52
Samsung Galaxy A52

26,499

Micromax In 1
Micromax In 1

10,499

Asus ROG Phone 5
Asus ROG Phone 5

49,999

Samsung Galaxy M12
Samsung Galaxy M12

10,999

Motorola Moto G30
Motorola Moto G30

10,999

Motorola Moto G10 Power
Motorola Moto G10 Power

9,999

Oppo F19 Pro Plus 5G
Oppo F19 Pro Plus 5G

25,990

Oppo F19 Pro
Oppo F19 Pro

21,490

Xiaomi Redmi Note 10 Pro Max
Xiaomi Redmi Note 10 Pro Max

18,999

Xiaomi Redmi Note 10 Pro
Xiaomi Redmi Note 10 Pro

15,999

Xiaomi Redmi Note 10
Xiaomi Redmi Note 10

11,999

Realme Narzo 30A
Realme Narzo 30A

8,999

Realme Narzo 30 Pro
Realme Narzo 30 Pro

16,999

Infinix Smart 5
Infinix Smart 5

7,199

Samsung Galaxy F62
Samsung Galaxy F62

23,999

Samsung Galaxy A12
Samsung Galaxy A12

12,999

Nokia 5.4
Nokia 5.4

13,999

Nokia 3.4
Nokia 3.4

11,999

Realme X7 Pro 5G
Realme X7 Pro 5G

29,999

Realme X7
Realme X7

19,999

Vivo Y31
Vivo Y31

16,490

Oppo Reno5 Pro 5G
Oppo Reno5 Pro 5G

35,990

Samsung Galaxy S21 Ultra 5G
Samsung Galaxy S21 Ultra 5G

1,05,999

Samsung Galaxy S21 Plus 5G
Samsung Galaxy S21 Plus 5G

81,999

Samsung Galaxy S21 5G
Samsung Galaxy S21 5G

69,999

Vivo Y12s
Vivo Y12s

9,990

Vivo Y51A
Vivo Y51A

17,990

Samsung Galaxy M02s
Samsung Galaxy M02s

8,999

Xiaomi Mi 10i
Xiaomi Mi 10i

21,999

Oppo A15s
Oppo A15s

11,490

Tecno Spark 6 Go
Tecno Spark 6 Go

8,499

Vivo V20 2021
Vivo V20 2021

24,990

Vivo Y20A
Vivo Y20A

11,490

Xiaomi Redmi 9 Power
Xiaomi Redmi 9 Power

11,999

Motorola Moto G9 Power
Motorola Moto G9 Power

11,999

Motorola Moto G 5G
Motorola Moto G 5G

20,999

Vivo V20 Pro
Vivo V20 Pro

29,990

Xiaomi Mi 10T
Xiaomi Mi 10T

35,999

Xiaomi Redmi 9i
Xiaomi Redmi 9i

8,299

Xiaomi Mi 10T Pro
Xiaomi Mi 10T Pro

39,999

Infinix Hot 10
Infinix Hot 10

9,999

Vivo V20 SE
Vivo V20 SE

20,990

Vivo V20
Vivo V20

24,990

Micromax In 1b
Micromax In 1b

6,999

Micromax In Note 1
Micromax In Note 1

10,999

OnePlus 8T
OnePlus 8T

42,999

Samsung Galaxy F41
Samsung Galaxy F41

15,499

Apple iPhone 12 Pro Max
Apple iPhone 12 Pro Max

1,29,900

Apple iPhone 12 Pro
Apple iPhone 12 Pro

1,19,900

Apple iPhone 12 Mini
Apple iPhone 12 Mini

69,900

Apple iPhone 12
Apple iPhone 12

79,900

Poco X3
Poco X3

16,999

Realme Narzo 20A
Realme Narzo 20A

8,499

Realme Narzo 20
Realme Narzo 20

10,499

Realme Narzo 20 Pro
Realme Narzo 20 Pro

13,999

Oppo F17
Oppo F17

16,990

Samsung Galaxy M51
Samsung Galaxy M51

22,999

Poco M2
Poco M2

10,999

Oppo F17 Pro
Oppo F17 Pro

22,990

Realme 7 Pro
Realme 7 Pro

19,999

Realme 7
Realme 7

14,999

Best Sellers