India has overtaken the USA as the second-largest smartphone market during July-September as shipments touched a record high of 40 million units, said Singapore-based analyst firm Canalys. According to a recent report, after a wobble in June quarter, the country’s smartphone market recovered quickly, with shipments growing 23 per cent year-on-year in September.
“This growth comes as a relief to the smartphone industry. Doubts about India’s market potential are clearly dispelled by this result,” said Canalys research analyst Ishan Dutt. “There are close to 100 mobile device brands sold in India, with more vendors arriving every quarter. In addition, India