India emerges as second-largest global 5G smartphone market, overtakes US

Daily Current Affairs / India emerges as second-largest global 5G smartphone market, overtakes US

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Category : Business and economics Published on: September 12 2024

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According to the report of Counterpoint Research, India has overtaken the US by becoming the world's second-largest market for 5G smartphones, while China is still leading as the largest market.
The growth in sales of 5G smartphones in the India is attributed to strong sales of Samsung, Vivo, Xiaomi and other budget segment brands.