5G connectivity and replacement demands were the main factors behind majority of the sales; market share of general trade increased by 35-40%, compared to about 32% last year
Smartphone shipments increased 18 per cent sequentially as inventory levels improved due to a moderately favourable business environment
In addition, India's smartphone market shipments declined by 21 per cent (year-on-year), during Q1 2023
Lowest third-quarter shipment since 2019 as weak demand and device price hurt festive buying
In 2016, around 109 million smartphones and 140 million feature phones were shipped to India