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Micromax overtakes Samsung in Indian Market

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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.