Counterpoint: Samsung's share of India's premium smartphone market may come down drastically

[GSMArena]

According to a new report from market research firm Counterpoint Research, Samsung's share of India's premium smartphone market - which currently stands at 58% - may come down drastically to 35% in the fourth quarter of 2016. Not only this would be the lowest share for the South Korean company in many years, it would also result in the firm losing its top spot in the country's premium segment, which includes phones priced at INR 30,000 (around $450) and above. As for why Samsung would be losing such a significant chunk, the report notes a couple of reasons: the Galaxy Note7 fiasco...



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