IDC: Realme is now second largest maker in India as Samsung falters

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According to a report by IDC, Q2 2022 smartphone shipments in India grew about 3% year-over-year but fell 5% compared to Q1 2022. The whole first half of 2022 recorded a 1% decline in overall smartphone sales. IDC outlines the lingering effects of the supply constraints in 2021 as part of the reason along with rising inflation leading to demand contraction. The average selling price, for example, has been steadily growing since Q4 2020 and stood at $213 in the second quarter of this year. That's a 15% increase year-over-year. As far as smartphone vendors' performance, Xiaomi is...

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