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India feature phone market doubled, mobile phone shipments grew 48% YoY in Q1 2018: Counterpoint

According to the latest market research from Counterpoint, India’s overall mobile phone shipments grew 48% YoY in Q1 2018. The feature phone segment almost doubled in Q1 2018 due to strong shipments of Reliance JioPhone, while the smartphone market remained flat compared to same time last year. The major force behind the impressive growth in the feature phone is the JioPhone whose market share raced from 0% last year to 36% in Q1 2018. The company's aggressive promotion and low-cost tariff...
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