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itel pips Samsung, Turns Fastest Growing Brand in Bangladesh

According to Counterpoint's estimates, the overall smartphone market in Bangladesh would grow 16 per cent YoY in calendar year 2018

itel Extends Partnership With Airtel
itel Extends Partnership With Airtel. IANS

itel became the fastest growing smartphone brand in Bangladesh with a growth of 564 per cent year-on-year (YoY) in the first quarter of 2018, capturing 10 per cent market share.

It left behind South Korean electronics major Samsung that saw 46 per cent decline in shipments, a new report said on Wednesday.

According to market research firm Counterpoint Research, Chinese brands continued to grow in Bangladesh and now capture 38 per cent of the smartphone segment growing 25 per cent YoY while the overall market declined.

“Bangladesh’s smartphone market declined 18 per cent YoY as consumers decided to postpone their device purchases in anticipation of value for money 4G smartphone offerings in the coming quarters,” Tarun Pathak, Associate Director at Counterpoint Research, said in a statement.

Also Read: itel Mobile to launch new budget smartphone lineup

“4G network rollout started during first quarter of 2018 by leading telcos such as Grameenphone, Robi Axiata and Banglalink. As network coverage expands over a period of time, the demand of 4G smartphones will pick-up in the coming quarters,” he added.

According to Counterpoint’s estimates, the overall smartphone market in Bangladesh would grow 16 per cent YoY in calendar year 2018.

Although Chinese brands grew in the country with affordable offering in the sub-$100 segment, Bangladeshi brand Symphony continued to lead the market with its value-for-money offerings. (IANS)

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Samsung: Galaxy Note 9 to have Bixby 2.0

Lee said that "Bixby 2.0" would be more than just a personal assistant

Samsung: Galaxy Note 9 to have Bixby 2.0
Samsung: Galaxy Note 9 to have Bixby 2.0, Pixabay

South Korean electronics giant Samsung has confirmed that its flagship Galaxy Note 9 would have a new version of company’s Airtificial Intelligence (AI)-powered assistant “Bixby 2.0”.

Speaking to The Korea Herald, Gray G. Lee, Head of the AI Centre Under Samsung Research, revealed that the Galaxy Note 9 will be the launch device for “Bixby 2.0”, Forbes reported.

Lee said that “Bixby 2.0” would be more than just a personal assistant.

It would be an ‘artificial intelligence platform’ which enhances the performance and user experience across the phone.

Representational image
Representational image, Pixabay

Bixby itself would also have enhanced natural language processing, improved noise resistance capability and faster response times.

According to the executive, Samsung now has a 1,000-strong AI workforce and would consider merger and acquisitions of promising AI businesses.

He also revealed Samsung expects Bixby to be running on 14 million Samsung devices by the end of 2018.

The German research firm GfK has revealed that Samsung became the leader in the Indian flagship smartphone market, garnering 49.2 per cent share in the first quarter of 2018.

Also Read: Samsung to Invite Partners to Discuss 5G Commercialization

In the full financial year (April 2017-March 2018), Samsung registered 55.2 per cent market share in the Rs 40,000 and above price segment, said GfK that reports final consumption of the devices and not only shipments.

In March alone, the South Korean giant registered a massive 58 per cent market share in the flagship segment, riding on the success of Galaxy S9 and S9+ smartphones that were available for sale in India from March 16. (IANS)

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