Nokia vs Samsung market share in India 2011| Latest updates

Posted Date: 11-Sep-2011	Category: Others	Rating:
Author: biju cherian	Member Level: Gold	Points: 12

Read about Nokia and Samsung market share in India 2011. We have the latest updates on the comparison of Finnish company Nokia and Korean company Samsung’s market share in India. Read the complete review here.

It had been quite a long time that Nokia was being the favourite handset of Indians where much competition didn't affect the annual revenue of the company from India. But the latest study made by Voice and data, it states that things are not going on the right way for the Finnish Company. Korean leading mobile handset maker Samsung's entry into the Indian market shows a tough competition to Nokia in the coming days.

Within a year Samsung made a grand increase (21.7) in their revenue from India which makes around 5,720 crore in the fiscal year 2010-2011. Even Nokia could earn revenue around 12,929 crore in 2010-11, it does not show any progress in the growth comparing with the past.

Nokia vs Samsung Market Share India Comparison

Even though Nokia dominating around 39% of the mobile market share in India, on the latest statistics it's sure that Nokia's supremacy will be questioned as competition gets more tightened. Samsung has grown much higher than its previous records. At present Samsung is able to sell around 30 lakh sets a month, which stimulates its growth. Overwhelming sales of Galaxy Tab and Wave series mobile sets have really boosted the share profit of Samsung.

Nokia's dual sim mobile phones have high demand in India as they have introduced the X1-01 and C2-00 sets as the latest reports say that these two handsets are having higher demand in the Indian market. To be in the Indian market Nokia is setting new plans with the introduction of more Qwerty and touch phones at very cheap price rates.

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