Indian mobile handset market saw a drop of five per cent

The Indian mobile handset market saw a drop of five per cent in revenues during 2011-12 to Rs 31,215 crore from Rs 33,031 crore a year ago, according to an annual survey. The survey by the journal Voice & Data attributes this drop to de-growth in the feature phones sales as well as lower average selling values (ASVs). It surveyed over 30 mobile handset firms both multi-national and Indian selling feature phones, multimedia phones, enterprise phones and smartphones in India. Nokia remained the number one player in the handset business in 2011-12 with revenue of Rs 11,925 crore, despite an eight per cent drop over Rs 12,929 crore revenues posted in the previous financial year. The Finnish company lost market share in smartphones and multi-media segment to Samsung, HTC and Apple, among others. Nokia that caters to all mobile segments saw its absence in the Android ecosystem dent its performance, it said. Nokia however, made a headway in the dual SIM phones category but lost out in the smartphone market. Nokia ended 2011-12 with a market share of 38.2 per cent. South Korean giant Samsung saw its revenues grow by 38 per cent to Rs 7,891 crore and be in the number two spot with a market share of 25.3 per cent, thanks to its rich product portfolio based on Windows, Android and Bada operating systems.

 

Source: The Economic Times