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

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.
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