Micromax overtakes Samsung in Indian Market

According to the Research Firm Canalys, budget smartphone maker Micromax overtook Samsung Electronics as the leading supplier in India’s smartphone market. According to the reports, Micromax accounted for 22% of smartphone sales in India in the fourth quarter (ie Oct – Dec 2014), ahead of Samsung’s 20%. India has the world’s second-highest number of mobile phone accounts after China. Low-priced smartphones are the top sellers in India. The third position goes to Karbonn mobiles, which has a market share of 9%.  

Knowledge is Wealth

• Micromax is an Indian company headquartered in Gurgaon, Haryana. It’s slogan is Nothing Like Anything. It is the tenth largest handset seller in the World. 
• Samsung is a South Korean company headquartered in Samsung Town, Seoul.
• Samsung’s revenue is equal to more than 15% of South Korea’s GDP.
• Martin Cooper – Father of Cell Phones. 
• Nomophobia – The fear of having no cell phone signal or otherwise being unable to make or receive cell phone calls. 
• The top 5 countries in the world with the most currently active cell phones are China, India, United States, Brazil, and Russia.