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Samsung: Soon this phone will disappear from the Indian market

According to a report, Samsung is planning to gradually shut down its feature phone business in the Indian market.

Samsung, which once ruled Android mobile in India, is now going to take a big step in its feature phone business in India. According to a report, Samsung is planning to gradually shut down its feature phone business in the Indian market. The company along with its manufacturing partner Dixon will manufacture the last batch of feature phones in December this year. It is believed that the company is now going to focus its attention on the expensive segment smartphones and now most of Samsung’s handsets will come in the segment above Rs 15,000.

Let us tell you that in the information received quoting the source, it has been told that Samsung has talked to the channel partners and by the next few months or by the end of this year, the company will close its feature phone business in India. However, Samsung has not given any official information about this yet.

Talking about the figures, in the first quarter of the year 2022, there has been a decrease of 39 percent in feature phone shipments in India. Until a few years ago, the market leader Samsung moved to No. 3 with a 12% share at the end of March this year. Interestingly, itel is ahead of Samsung with 21% share and domestic company Lava. After Samsung’s exit from the feature phone market, companies like Lava, Nokia and itel can benefit a lot.

According to market experts, Samsung has taken this step in view of the policy of the government’s PLI scheme. Under the government’s PLI scheme, the company can get incentives for manufacturing handsets with a factory price of Rs 15,000. Let us tell you that Samsung is one of the major multinational companies contributing to the PLI scheme of India.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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