Wednesday April 24, 2019
Home Lead Story Xiaomi Contin...

Xiaomi Continues to Lead Wearables Market in India

The newly launched Mi band 3 became the most shipped wearable product ever in the history of wearables in India, according to IDC

0
//
Xiaomi
Xiaomi.

Riding on the success of its Mi Band 3 fitness tracker, Xiaomi has maintained its leadership in the country’s wearables market with a 41 per cent market share in the third quarter of this year, the International Data Corp (IDC) said on Thursday.

GOQii continues to hold the second position with a healthy 47 per cent year-over-year growth and 19 per cent market share in Q3 in 2018, showed the report.

Xiaomi and GOQii are followed by Titan, Samsung and Fossil in terms of market share.

The overall wearables shipments declined 11 per cent from the previous quarter largely because of the double-digit decline in the basic wearables, showed data from IDC’s “Quarterly Wearables Tracker”.

“It is too early to say that the India wearables market has started moving towards the smart wearables,” said Jaipal Singh, Associate Research Manager, Client Devices, IDC India.

“However, vendors have started analysing the big pricing gaps between the basic and smart wearables,” Singh said.

The complaint alleged that Xiaomi had used the patents without any license from Yulong.
Xiaomi.

The overall India wearables market saw a 17 per cent year-over-year (YoY) growth in the third quarter of the year as vendors shipped a total of 897,000 units in the country, the report said.

The smart wearables, generally defined as wearables which can run third-party applications on its own, saw two successive quarters of double-digit growth and shipped 102,000 units in Q3 2018, making it the first quarter to cross the 100,000 units shipment mark in the country, the report said.

“While vendors need to identify a new pricing sweet spot for smartwatches, the next challenge is to address the positioning of watches which is still seen as a vanity product in India,” Singh said.

Also Read- Rahul Gandhi Assures Student Issues Will Be on National Agenda

“Also, many vendors haven’t explored the kid segment which can be a volume driver for this category as they are more comfortable with technology and new products,” he added.

Although their shipments witnessed a decline of 20 per cent quarter-over-quarter, Xiaomi saw a healthy growth of 77 per cent in this quarter when compared to the same time a year ago.

The newly launched Mi band 3 became the most shipped wearable product ever in the history of wearables in India, according to IDC. (IANS)

Next Story

Twitter’s New Tool Will Help Reporting Misleading Information About Voting

The rules will also include misleading information about requirements for voting, including identification requirements, misleading statements or information about the official announced date or time of an election.

0
twitter
So if you see misleading information about how to vote or register to vote, including those that suggest that one can vote by tweet, text message, email, or phone call, you will be able to report such information for review from within the platform. Pixabay

In an attempt to bar people from using its services for the purpose of manipulating the Lok Sabha elections, Twitter on Wednesday announced a new feature to make it easier for users to report misleading information about voting.

The new feature will come into effect in India from Thursday, Twitter said.

twitter
The new tool is in addition to its existing approach to tackling malicious automation and other forms of platform manipulation on the service, Twitter said. Pixabay

So if you see misleading information about how to vote or register to vote, including those that suggest that one can vote by tweet, text message, email, or phone call, you will be able to report such information for review from within the platform.

The rules will also include misleading information about requirements for voting, including identification requirements, misleading statements or information about the official announced date or time of an election.

twitter
Twitter on Wednesday announced a new feature to make it easier for users to report misleading information about voting.
Pixabay

Also Read: Harmful Toxins Present in E-Cigarettes Can Cause Asthma

The platform will start with the 2019 Lok Sabha elections in India and the European Parliament elections and then roll out to other elections globally throughout the rest of the year, Twitter said in a statement.

The new tool is in addition to its existing approach to tackling malicious automation and other forms of platform manipulation on the service, Twitter said. (IANS)