Wednesday, February 4, 2015

Micromax leapfrogged South Korea's Samsung Electronics Co Ltd to become the leading supplier in India.

Micromax leapfrogged South Korea's Samsung Electronics Co Ltd to become the leading supplier in India.

Micromax's performance was partly due to its "continuing appeal to mobile phone users upgrading to smartphones", Canalys said. It estimated nearly a quarter of smartphones sold in India in the fourth quarter were devices priced under $100 (roughly Rs. 6,100), while 41 percent of devices sold were in the $100-$200 (roughly Rs. 6,100 - Rs. 12,200) range.


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