Taking 27% of global smartwatch shipments, India surpasses North America
As per a new report, for the first time, the monthly 5G smartphone sales share has crossed the 50 percent mark in India for the month of April this year.
In terms of the regional markets, India surpassed North America, reclaiming its position as the top region with a 27 percent share of global smartwatch shipments.
According to Counterpoint Research, 5G services are still patchy across most of India after launching in October 2022. Moreover, the report said that while Samsung assisted in crossing the 5G market across the line in the country, OnePlus was the true winner.
“There’s still a long way to go, especially in terms of network coverage. But this is a milestone for sure,” said Tarun Pathak, Research Director.
“Samsung helped 5G get across the line, but OnePlus was the real winner. Huge month for them as they punched above their weight, capturing a third of all 5G sales,” said senior research analyst Shilpi Jain.
Meanwhile, global smartwatch shipments contracted 1.5 percent (year-on-year) in the first quarter of this year, and the 121 percent growth in India’s shipments managed to restrict the decline.
[With Inputs from IANS]
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