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Shipments of smart TVs in India declined 14 per cent in the March quarter on account of muted consumer demand and excess inventory and is likely to witness a decline of 10 per cent this calendar year, according to a Counterpoint Research report on Thursday. Moreover, Samsung reclaimed the top slot after overtaking Xiaomi as shipments of smart TVs from Chinese brands declined 30 per cent during the quarter. The 30 per cent decline in the shipment of Chinese brands was "due to brands such as OnePlus, Haier, and Realme", according to the report. In the first quarter, Samsung gained 40 per cent in the number of shipments, having 16 per cent in the overall Indian smart TV shipment. It is followed by LG, another South Korean maker, which reported a 43 per cent growth with a 15 per cent share in overall smart TV shipment in India, the report said. Chinese brands MI and TCL reported 2 and 4 per cent decline in the shipments, respectively, with a share of 12 per cent and 7 per cent, it ...
The Lenovo Tab P12 is available on Lenovo online store and e-commerce platform Flipkart. It is offered in storm gray colour
Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands
Amid e-commerce giant Amazon's ongoing crackdown on attempts by sellers to solicit positive consumer reviews, three more Chinese consumer brands have been banned from selling on the platform
Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards
Media planners say Vivo, Oppo and others will go all out on digital and TV, as IPL is only high-impact sports event from India this year. It also falls in festive season, which is key for phone brands
Known in the country for its smartphones, Honor is now seeking to bring its ecosystem products - smart televisions, speakers, tablets, wearables, glasses and laptops - to India
Foreign brands are under increasing pressure from Chinese consumers and regulators to fall into line on contentious issues around Chinese sovereignty
The survey asked 13,000 Chinese consumers to rank brands that are innovative, practical, customer-focused and inspirational, according to the report
The drive to win China's consumers has had some notable failures