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Covid-19 disruption: India to miss projected smartphone sales for 2020
₹5,001-25,000, will continue to account for over 92% of total sales. Shipments in the entry segment--below ₹5,000--will fall, while the luxe segment-- ₹50,000 and above--will remain unaffected.Many buyers are expected to shift to lower priced smartphones due to financial uncertainties brought on by covid-19.The top five smartphone companies-- Xiaomi, Samsung, Vivo, Oppo and Realme-- will only take a mild hit though as they were quick to adapt to the changing market dynamics.