Chinese companies account for more than 70% of the Indian smartphone market in the first quarter of 2020, January to March in India. The smartphone market is about 2 lakh crore rupees.
On the other hand, if we talk about the top-5 smartphone brand in the country, then there are 04 Chinese companies. Xiaomi has a 30% market share. At number two is Vivo with 17% market share. Samsung is not the only Chinese company in the top-5. Samsung is a South Korean company.
Apart from this, only Chinese apps account for 40% of the Indian app market. Chinese companies launch cheap smartphones in India and these people also like them. As of December 2019 last year, more than 500 million people in India were using smartphones.
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