Skip to main content

Featured Post

AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
1 comment
Read more
Labels

Amazon beats Flipkart in Q2 smartphone sales online in India: Counterpoint

With a 47 percent share, Amazon beat Flipkart to become the top online smartphone channel in India for the first time in the second quarter of this year, Counterpoint Research said on Thursday. While Flipkart’s share declined to 42 percent in the quarter, the platform led the sub-Rs 10,000 price band with more than 50 percent share in the overall online smartphone market, said the report.

Overall, online channels (e.g. Amazon, Flipkart, Paytm and more) held a 43 percent share in Q2 2020 in the India online smartphone market. The increase in online channels share was due to a shift in consumer behaviour, who are now preferring contact-less shopping experience and practicing social distancing amid the pandemic.

“Due to the preference for online channels, no offline-exclusive model was launched during the quarter. However, during the same period, 11 online-exclusive SKUs (stock keeping units) were launched,” Research Analyst, Shilpi Jain said in a statement.

Xiaomi remained the market leader in online channels with 44 percent market share in Q2 during which Xiaomi Redmi 8A Dual was the top model for the brand in online channels.

“Samsung was quite aggressive on online channels and increased its share to 25 percent, its highest ever share in online channels. Strong shipments of M-series smartphones led to this increase. Realme remained the top brand on Flipkart,” Jain said.

Watch Video: Top 5 smartphones under Rs 20,000

Meanwhile, a recent report IDC sated that the smartphone market in India saw a steep shipment decline in Q2 this year as per IDC report. In total, 18.2 million units were shipped during the period. Xiaomi continues to lead the segment, while there was a switch in positions between Samsung and Vivo. The South Korean brand managed to record higher shipments in Q2, pushing them to the second spot. Vivo came third, followed by Realme and Oppo.

Written with agency inputs



from BGR India https://ift.tt/3gX4OCF
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add