Oppo introduces Made in India smartphone shipments in Q2 2022: Counterpoint


Shipments of smartphones made in India grew 16 percent year-on-year in the second quarter of 2022 to reach more than 44 million units, according to the latest research from Counterpoint. Oppo led the shipments of smartphones made in India with a share of 24 percent. Samsung followed Oppo’s lead closely. Local brand Lava topped the Made in India feature phone segment with 21 percent. TWS topped the wearables segment with 16 percent, followed by neckbands and smartwatches.

According to a recent research by Counterpoint, the shipment of smartphones made in India I slept 16% year-on-year in the second quarter of 2022 to reach more than 44 million units. The reason for this has been cited as companies pushing to increase production to meet the standards of production-linked incentive schemes (PLI).

Shipments of smartphones made in India increased by 7% YoY in Q1 2022. Shipments of smartphones made in India reached 48 million units in Q1 2022.

Speaking about India’s domestic manufacturing ecosystem, Counterpoint Research Analyst, Prashir Singh said, “Shipments of smartphones made in India have grown compared to last year. During the quarter, we saw increased investment in the Indian manufacturing ecosystem with the establishment of new factories as well as the expansion of existing ones. Oppo recently announced the Vihaan initiative under which it plans to invest $60 million in the next five years to enable the local supply chain.Samsung has also increased its manufacturing in the premium segment of smartphones, especially the Galaxy S series.From now on, the upcoming holiday season will drive Made shipments in India due to the expected increase in domestic demand”.

As mentioned earlier, Oppo leads the shipments of smartphones made in India with a 24 percent share followed by Samsung. Indian tech brand Lava topped the Made in India feature phone segment with a 21 per cent share. TWS topped the wearables segment with 16 percent, followed by neckbands and smartwatches.

India is expected to witness rapid growth in the electronics industry and innovation system.


Buying an affordable 5G smartphone today usually means you’ll end up paying a “5G tax”. What does this mean for those looking to access 5G networks once they are launched? Find out in this week’s episode. Orbital is available at spotifyAnd the JanaAnd the JioSaavnAnd the google podcastAnd the Apple PodcastAnd the amazon music Wherever you get your podcast.

For the latest tech news and reviews, follow Gadgets 360 at TwitterAnd the FacebookAnd the Google News. For the latest videos about gadgets and technology, subscribe to our site YouTube channel.

Vivo Y52t 5G with MediaTek Dimensity 700 SoC, 5000mAh battery launched: price and specifications





Source link

Leave a Reply

Your email address will not be published.