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  Business   Mobile sales may cross 75 million

Mobile sales may cross 75 million

AGE CORRESPONDENT
Published : Aug 25, 2016, 5:42 am IST
Updated : Aug 25, 2016, 5:42 am IST

Mobilephone sales for the first time are expected to cross 75 million during third quarter (July-September) of 2016 led by festival celebrations, according to CyberMedia Research (CMR).

Mobilephone sales for the first time are expected to cross 75 million during third quarter (July-September) of 2016 led by festival celebrations, according to CyberMedia Research (CMR).

According to the report, 65.9 million handsets were shipped in the second quarter (April-June), up over 24 per cent from January-March period. About 37.3 million (56.5 per cent) feature phones and 28.7 million (43.5 per cent) smartphones were shipped in April-June.

Interestingly, feature phone shipment grew 27.7 per cent quarter-on-quarter, while that of smartphone was up 19.5 per cent.

“The mobile handset shipments are likely to surpass 75-million mark per quarter for the first time in 3Q’CY16, attributable to several factors,” said CMR’s India Monthly Mobile Handset Review.

Location: India, Delhi, New Delhi