Consumers Favor High-end Smartphones in 2016
In India, the high-end smartphone market is expected to grow by 19 per cent this year. The sudden growth is because of customers’ shift in interest in premium brands like Samsung and Apple, research firm CMR said today. The high-end smartphones, which are priced INR 20,000 and above in the country, have accounted to 7 per cent of the total smartphones sold last year and grew at 15 per cent in 2015. “Out of a total of 163 smartphone brands, only 19 brands shipped smartphones in the high-end price band...