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Smartphone shipments may fall 10%-15%in Q1

Smartphone shipments may fall 10%-15%in Q1
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Smartphone shipments may fall 10%-15%in Q1
Sindhu Hariharan / TNN / Updated: Apr 22, 2021, 09:55 IST
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CHENNAI: The second wave of the pandemic and resulting restrictions in Delhi, Mumbai and other locations is likely to dent smartphone shipments by almost 10%-15% in the period April-June as sales in these cities account for almost one-fourth of the total market. This will result in a loss of around 5 million units, estimates market tracker Counterpoint Research.
However, the research firm said it is keeping its annual forecast for the year unchanged for now.
“This estimate factors in that more states will likely have partial lockdowns. Smartphone demand is generally resilient and there are other variables at play like e-learning that may drive sales,” Tarun Pathak, director, Counterpoint Research, said. ....

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Key highlights from Asmbhav: Retailers are now impatient with govt, call for them to intervene

3 hours ago
A group of seller associations in India, including the All India Online Vendors Association (AIOVA), All India Mobile Retailers Association (AIMRA), Federation of All India Distributors Associations (FAIDA), organised a discussion on Thursday about the dominance and of e-commerce giants in India, and their impact on retailers and traders. Scheduled before Amazon’s four-day event for small and medium businesses, the event Smbhav, which translates to “possible” saw over a dozen retail representatives. Their event was titled Asmbhav, which translates into “impossible”. Over a dozen retailer representatives spoke out against unfair practices by e-commerce giants, though most of it was directed towards Amazon. ....

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'Asmbhav' Summit to raise voice against foreign e-com retailers

'Asmbhav' Summit to raise voice against foreign e-com retailers
sify.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sify.com Daily Mail and Mail on Sunday newspapers.

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Indian traders counter Amazon summit with own event

Indian businesses will organise an event this week in protest of the business practices adopted by foreign e-tailers like Amazon. ....

Narendra Modi , India Mobile Retailers Association , Walmart Inc Flipkart , Prime Minister Narendra Modi , Walmart Inc , All India Mobile Retailers Association , நரேந்திர மோடி , இந்தியா கைபேசி சில்லறை விற்பனையாளர்கள் சங்கம் , வால்மார்ட் இன்க் பிளிப்கார்ட் , ப்ரைம் அமைச்சர் நரேந்திர மோடி , வால்மார்ட் இன்க் , அனைத்தும் இந்தியா கைபேசி சில்லறை விற்பனையாளர்கள் சங்கம் ,

Amazon Smbhav Virtual Summit to Be Countered by Protest Event by Angry Indian Traders

Amazon Smbhav Virtual Summit to Be Countered by Protest Event by Angry Indian Traders
Amazon Smbhav will showcase opportunities offered by the firm to get small businesses to expand and sell online.
By Reuters | Updated: 15 April 2021 10:41 IST
A reoprt revealed Amazon has given preferential treatment to a group of sellers on its Indian platform
Highlights
Indian traders are a crucial part of PM Narendra Modi s support base
Amazon has said it does not give preferential treatment to any seller
Thousands of Indian small businesses will organise an event this week in protest at the business practices of foreign e-tailers like Amazon, taking a dig at the US group s summit with their own event. ....

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