New Delhi, April 8 (IANS) India's consumer technology sector has grown quickly in recent years, now valued at over $250 billion. The mid-premium smartphone segment reached a 5 per cent market share, growing by 27 per cent YoY in 2023.
Data from market analytics firm Counterpoint Research shows that only four companies - Vivo, Huawei, Samsung and Apple - have taken less time to ship the same number of units. In total, just 14 companies globally which have shipped over 200 million phones to date.
BBK Electronics Corp, the parent company of OPPO, OnePlus, and Realme has decided to separate the three brands into three separate entities amid government action fear.