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Business

China smartphones capture Indian market

BEIJING: Big dealers of smartphones in China have shifted their business towards India after the pace of selling smart phones slows down in their own country.

International Data Corporation (IDC) Shows that china is increasing mobile phone business in India very rapidly and they (Chinese) double their business there on quarterly basis and triple their business on per year basis.

According to stats of IDC, 26.5 million smartphones were shipped to India in the first quarter of this year. Which is 44% increased than last year.

Lenovo, Xiaomi, huawei and Gionee are those smartphone companies which have total 12 percent of 2nd quarter shipment of smartphones to India. Chinese smartphone maker Meizu istargeting India and is rumored to be about to launch theMX5 smartphone at an event in New Delhi on August 26.

The MX5 is Meizu’s latest flagshipsmartphone, and belongs to the mid- budget segment. It is expected to compete with OnePlus 2, HTC One M9 Plus, ASUS ZenFone 2 Deluxe and Xiaomi Mi4.

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