Latest news with #Counterpoint
The Hindu
2 hours ago
- Business
- The Hindu
Samsung and Apple drive value growth in India while Vivo tops in volume during Q2 2025
India's smartphone market grew 8% year-over-year (YoY) in volume and 18% YoY in value in Q2 2025, after a muted Q1, noticed Counterpoint. The research firm believes that the recovery of 33% YoY came with new launches, aggressive marketing and strong performance during summer sales with brands offering steeper discounts, easy EMIs, and bundled offers especially in the mid and premium segments. Vivo captured the top spot by volume with 20% share, excluding Iqoo (4%), while Samsung led in value with a 23% share along with Apple. The iPhone 16 emerged as the most-shipped device due to ongoing promotions, EMI options and improved retail execution, helping Apple register its highest-ever Q2 shipments in India. In the quarter, Nothing's shipments jumped 146% YoY, making it the fastest-growing brand for the sixth consecutive quarter. The increase was driven by the newly launched CMF Phone 2 Pro and the brand's strong retail expansion efforts. (For top technology news of the day, subscribe to our tech newsletter Today's Cache) Motorola's shipments grew 86% YoY driven by strong demand for its G and Edge series, supported by expanded distribution and deeper retail penetration in smaller cities. Lava was the fastest-growing brand in the sub-10K segment with 156% YoY growth. Its strong performance was driven by competitive launches, clean stock Android experience, and improved after-sales service. MediaTek led India's smartphone chipset market with a 47% share, followed by Qualcomm with a 31% share. Qualcomm's smartphone shipments grew 28% YoY during the quarter. OnePlus' ultra-premium (45,000+) segment grew 75% YoY in Q2 2025, driven by the strong performance of its 13 and 13R series, alongside early traction from the newly launched compact 13s.
Mint
6 days ago
- Business
- Mint
SK hynix posts record profits on surging AI demand
South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring demand for artificial intelligence. The world's second-largest memory chip maker dominates the market for high-bandwidth memory (HBM) semiconductors and is a key supplier for US titan Nvidia. The firm said operating profit climbed almost 70 percent to 9.21 trillion won ($6.72 billion) in the second quarter, with revenues coming in at 22.23 trillion won -- both all-time peaks. The news comes after Taiwan chip giant TSMC last week announced a surge in net profit for the second quarter, topping forecasts, thanks to robust demand for AI technology, despite the threat of US tariffs on the critical sector. HK hynix also said net profit was up close to 70 percent on-year, at 6.99 trillion won. "An aggressive investment by global big tech companies into AI led to a steady increase in demand for AI memory," it said in a statement. Shipments of DRAM and NAND flash topped forecasts, boosting the bottom line. "SK hynix foresees that increasing competition among big tech companies to enhance inference of AI models would lead to higher demand for high-performance and high-capacity memory products," the company added. Shares in the firm rose more than three percent in Seoul. South Korea is a major exporter to the United States and its powerhouse semiconductor and auto industries would suffer greatly under President Donald Trump's threatened 25 percent tariffs. Experts attribute SK hynix's resilience to its growth in the DRAM market. The firm took the lead in DRAM revenues in April, with a 36 percent market share, according to specialist research firm Counterpoint. That surpassed South Korean rival Samsung for the first time and marked the first change in the top spot in more than four decades. The company also recorded a combined $15.5 billion in sales of DRAM and NAND in the second quarter, matching Samsung to jointly lead the global memory market, according to a Counterpoint report. SK hynix said in a conference call that "the previous quarter began amid concerns over slowing demand due to trade tensions and broader economic uncertainty". But "strong AI-related investment by major tech firms continued to drive growth in demand for AI-oriented memory products". As the United States has been threatening certain restrictions on semiconductor sales to China, customers' preemptive purchases "to hedge against external risks", actually created a "more favourable environment than initially expected", an SK hynix official said.
Time of India
22-07-2025
- Business
- Time of India
China's Q2 smartphone shipments down 2.4%, says Counterpoint
Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei 's sales rose 17.6%, Counterpoint said in a press the top vendor had a shipment share of 18.1%, followed by Vivo Oppo and Xiaomi
Yahoo
22-07-2025
- Business
- Yahoo
China's Q2 smartphone shipments down 2.4%, says Counterpoint
BEIJING (Reuters) -Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on Tuesday. Apple's sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei's sales rose 17.6%, Counterpoint said in a press statement. Huawei, the top vendor had a shipment share of 18.1%, followed by Vivo, Oppo and Xiaomi. Sign in to access your portfolio
Reuters
22-07-2025
- Business
- Reuters
China's Q2 smartphone shipments down 2.4%, says Counterpoint
BEIJING, July 22 (Reuters) - Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on Tuesday. Apple's (AAPL.O), opens new tab sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei's ( sales rose 17.6%, Counterpoint said in a press statement. Huawei, the top vendor had a shipment share of 18.1%, followed by Vivo, Oppo and Xiaomi ( opens new tab.
