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Why Samsung may remain top global smartphone player in near future

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Despite receiving greater competition from major Chinese handset players such as OPPO, Vivo and Xiaomi, Samsung is likely to remain the top original equipment manufacturer (OEM) globally on an annual basis in the near future, a new report has said.

Samsung is currently the undisputed leader in terms of smartphone shipments, and has been the top smartphone vendor every year since 2012.

“Xiaomi has been inching closer to Samsung, even displacing it as the top smartphone vendor globally towards the end of Q2 2021. While this is a major development, it does not necessarily indicate a permanent shift in OEM dynamics,” said the report from Counterpoint Research.

Although Samsung has been the top global player annually for the past several years, it has not always been the top player in each quarter of these years.

For example, Samsung lost the top spot in five of the 26 quarters between Q1 2015 and Q2 2021.

Usually, Samsung loses the top spot to Apple in the fourth quarter (Q4) due to the sales of the newly launched iPhone models.

“In Q2 2020 too, Huawei, together with Honor, which was included at the time, managed to ship more smartphones than Samsung. So, although Xiaomi inching closer to Samsung in Q2 2021 is an event that needs to be taken note of, it is not unprecedented,” explained Harmeet Singh Walia Harmeet of Counterpoint Research, who focuses on camera modules, MEA mobile market and the AR/VR sector.

That said, Xiaomi has been rising in multiple geographies and topped shipments in Asia and Europe in Q2 2021. While in Asia it has topped shipments often, this was the first time it was topping shipments in Europe.

“Xiaomi’s rise also coincides with the decline of Huawei, another major Chinese OEM. Xiaomi, along with OPPO and OnePlus, took over large parts of Huawei’s affordable market, particularly in Europe, while also being among the primary OEMs, along with Samsung, to take over Huawei’s premium affordable segment there,” Walia argued.

Xiaomi became the market leader in some of the price-conscious markets within Europe, such as Russia.

While Xiaomi’s growth has not been accidental, its rise to the very top towards the end of Q2 2021 was also because of production difficulties faced by Samsung due to its factory in Vietnam becoming temporarily non-operational during a Covid-triggered lockdown.

“This came in a quarter where Samsung has historically seen weaker shipments (while Samsung’s shipment share in all Q1s since 2015 has been well over 20 per cent, its shipment share in all Q2s since 2015 has usually been a little above or under 20 per cent),” said Walia.

Samsung’s strong vertical integration and availability of its models in a wide range of price bands in every major region conveys that “while we may see Xiaomi beating Samsung for the top spot in several regions in certain quarters, and Apple beating Samsung for the top spot in Q4s, Samsung is likely to remain the top OEM globally on an annual basis in the near future”, the report noted.

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Sensex, Nifty open marginally higher; IT stocks lead gains

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Mumbai, Oct 8: The Indian stock markets opened slightly higher on Wednesday amid mixed movement in key stocks on Dalal Street.

The Sensex rose 63 points or 0.08 per cent to 81,990, while the Nifty gained 16 points or 0.06 per cent to trade at 25,124 in early deals.

Titan emerged as the top gainer on the Sensex, rising around 4 per cent intra-day after the company released its Q2 FY26 business update.

Other major gainers included Infosys, TCS, Tech Mahindra, HCL Tech, Asian Paints, and Trent, which climbed up to 2 per cent.

On the other hand, Tata Motors, Power Grid, BEL, HUL, Sun Pharma, and Kotak Bank were among the top losers, slipping up to 1 per cent.

In the broader markets, performance remained subdued. The Nifty MidCap index rose 0.19 per cent, while the Nifty SmallCap index was up 0.23 per cent.

Among sectoral indices, IT stocks led the gains, with the Nifty IT index advancing 1.2 per cent on the NSE.

The Nifty Pharma and Metal indices also moved up by 0.4 per cent each. However, Nifty Realty and Nifty PSU Bank indices were under pressure, falling 0.36 per cent and 0.27 per cent, respectively.

Analysts said the market is likely to remain stock-specific this week as investors track Q2 earnings updates and global cues.

“The ongoing mild rally in the market has support from institutional investment. FIIs turning buyers yesterday is a positive development,” market experts added.

“There are reports of unprecedented demand and sales of automobiles and consumer durables in this festival season. These will be reflected only in the Q3 results. So watch out for the high frequency data from the real markets,” they added.

“Given the prevailing uncertainty and heightened volatility, traders are advised to maintain a cautious ‘buy-on-dips’ stance, particularly in leveraged positions,” as per the experts.

Market experts said that fresh long positions should be considered only if the Nifty sustains above the 25,250 mark.

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Sensex, Nifty extend gains on buying in heavyweights

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Mumbai, Oct 7: Indian stock markets continued their upward trend on Tuesday, supported by buying in major stocks such as ICICI Bank, ITC and more.

However, profit booking in select banking stocks limited the overall gains during the early trading hours.

The Sensex, which rose more than 100 points in early trade, was trading at 81,843, up 52 points or 0.06 per cent.

The Nifty also gained 34 points or 0.14 per cent to reach 25,112 after hitting an intra-day high of 25,140.

Among the top gainers on the Sensex were Power Grid, Bajaj Finance, HCL Tech, Bharti Airtel, ICICI Bank, Ultratech Cement, NTPC, Hindustan Unilever, Bajaj Finserv, and BEL, which rose between 0.3 per cent and 1.6 per cent.

On the other hand, Trent, Axis Bank, Tata Motors, TCS, SBI, Kotak Bank, Tech Mahindra, HDFC Bank, and Infosys were among the major losers, slipping up to 2.7 per cent.

In the broader market, the Nifty MidCap index gained 0.08 per cent, while the Nifty SmallCap index rose 0.41 per cent — showing continued interest from investors in smaller companies.

Among sectoral indices, Nifty Metal and Nifty IT were the top performers, each gaining 0.4 per cent.

The Nifty PSU Bank index was the worst hit, falling 0.3 per cent due to profit booking in public sector lenders.

Analysts said that overall market sentiment remains positive, though some volatility may persist due to profit-taking at higher levels.

“The ongoing mild rally in the market has the potential to gain momentum. The FII selling in India is slowly declining since the sharp appreciation in other markets has pushed up their valuations and the valuation differential between India and other markets has come down,” analysts said.

“Since there is huge short position in the market any positive news can trigger short-covering, further aiding the rally,” they added.

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PM Modi to inaugurate India Mobile Congress 2025 on October 8

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New Delhi, Oct 6: Prime Minister Narendra Modi will inaugurate the India Mobile Congress (IMC) 2025, Asia’s premier telecom and technology event, on October 8 in the national capital, Ministry of Communications said on Monday.

The four-day mega event, themed “Innovate to Transform,” will run till October 11 and is expected to showcase India’s growing leadership in the global digital and telecom space.

Union Minister for Communications Jyotiraditya M. Scindia visited the IMC 2025 venue to review the final preparations ahead of the Prime Minister’s inauguration.

Scindia also travelled to the venue and back via the Airport Metro, symbolising India’s push for modern and sustainable urban transport.

During his visit, the minister toured the exhibition area, interacted with participating startups and exhibitors, and chaired review meetings with senior officials from the Department of Telecommunications (DoT), the Cellular Operators Association of India (COAI), and other partner agencies.

Speaking to the media, Scindia said that IMC 2025 would mark a new era in global connectivity, where technologies like 5G, 6G, artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and satellite communications would come together to shape the future.

He emphasised that the event reflects Prime Minister Modi’s vision of a self-reliant and innovative India that connects not only within but also with the world.

IMC 2025 is expected to attract more than 1.5 lakh visitors, 7,000 delegates from over 150 countries, and 400 exhibitors spread across 4.5 lakh square feet.

The event will also feature over 1,600 technology demonstrations and 100 sessions with more than 800 speakers discussing the latest developments in telecom and digital innovation.

Highlighting the scale of the event, Scindia said that IMC has grown from being a national platform to becoming a global technology congress that represents India’s digital leadership.

He added that the 2025 edition will include six major global summits — covering 6G research, artificial intelligence, cybersecurity, satellite communications, startups, and the Global Startup World Cup — India Edition.

The minister also underlined India’s achievements in the telecom sector, noting that the country now ranks among the world’s top three digital economies with 1.2 billion mobile subscribers, 970 million internet users, and the fastest-ever 5G rollout completed in just 22 months.

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