It’s market share increased from 7% to 13% from CY 2021 to CY2022.Market uncertainties, weakening Indian currency along with the negative impact of inflation and fear of upcoming recession had led to a plunge in the smartphone shipments in 2022. And while the shipments of mobile phones are expected to fall for the second straight year in 2023, these factors are unlikely to impact Samsung’s dominance in the super-premium (Rs 50,000 to Rs 1,00,000) and ultra-premium (above Rs 1,00,000) smartphone segment in the Indian market.
According to the numbers shared by CyberMedia Research with Business Today, the super-premium segment is growing over 40% year-on-year and the ultra-premium smartphone segment at 94% year-on-year. The new Samsung flagship S23 range, which includes S23, S22 Plus and S23 Ultra, will only fuel this growth further.
On the back of the Galaxy S22 and S22 Plus, Samsung has registered a whooping 156% year-on-year growth in CY 2022 in super-premium smartphone segment. It’s market share increased from 7% to 13% from CY 2021 to CY2022. However, in ultra-premium category of Rs 1,00,000 and above, its share plunged from 42% in CY2022 to 41% in CY2021.
Did customs delays sink India's 2005 AMD semiconductor project? Vaishnaw says: 'Learnt from past attempts'
'Perimeters of a deal have been agreed to': Trump says he cancelled planned Iran strike
CBI books Anil Ambani, Reliance Capital in ₹1,816 crore EPFO case. Here's what happened
Another attack in Hormuz: Tanker carrying Qatar LNG struck, blackout reported
When the paycheck stops: Would your finances survive a job loss?
Buying Term Insurance? Never Hide These Health Details Or Risk Your Claim Being Rejected
India’s Logistics Game Is Changing: The Big Infra Push Explained
Active Vs Passive Mutual Funds: Which Gives Better Returns For SIP Investors?
IRFC CMD Manoj Kumar Dubey Reveals Top Funding Priorities Beyond Railways & IRFC 2.0 Vision
"Mineral Security Is National Security": G Kishan Reddy On India’s Push For Aatmanirbharta
Oswal Pumps shares to test Rs 290? Expert flags damaged chart structure, advises exit
Mazagon Dock shares: Brokerages see up to 37% upside after Q1 FY27 results; check latest target prices
Mukul Agrawal signals exit this multibagger stock after nearly 9x rall; is it still a buy?
HUL shares: Why analyst prefers Marico, Nestle to the FMCG sector leader in short term
Tata Steel, Vedanta among top metal bets for a six-month view, says analyst
'Timely support': Yogi thanks PM Modi, FM Sitharaman for ₹19,208 crore tax devolution for UP 
Amarnath Yatra back on track as NH-44 reopens after restoration work, fresh batch of 3,886 pilgrims sets off from JammuDid customs delays sink India's 2005 AMD semiconductor project? Vaishnaw says: 'Learnt from past attempts'Buying Term Insurance? Never Hide These Health Details Or Risk Your Claim Being Rejected
From biometrics to GPS patrols: NTA bets on stronger security after NEET controversy with ₹7.5 crore tender
