COVID-19 | India’s smartphone market to slowdown in 2Q21
The Hindu
“However, the high shipments from the first quarter should be able to suffice for the immediate demand,” Navkendar Singh, Research Director, Client Devices & IPDS, IDC India, said.
The smartphone industry in the country is expected to witness growth challenges in April-June quarter due to the second wave of the pandemic even as the sector saw a healthy year-on-year growth of 18% to 38 million units shipments in the first quarter (January-March) of 2021, according to International Data Corporation (IDC). However, when compared to strong October-December 2020, the Indian smartphone market declined by 14% in the first quarter. “The April-June quarter is expected to face growth challenges under the weight of the second wave of infections. However, the high shipments from the first quarter should be able to suffice for the immediate demand,” Navkendar Singh, Research Director, Client Devices & IPDS, IDC India, said.
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