Electronics giant Samsung today said its market share in the Indian smartphone segment has crossed 40 per cent in June.

"Our marketshare (smartphone) has crossed 40 per cent by value in June this year. Since January 2015, we
continued to grow for six consecutive months and widened the gap (marketshare)," Samsung India VP marketing (IT and mobile) Asim Warsi claimed on the basis of GfK data.

"Our marketshare during January 2015 was about 35 per cent," he said during the launch of Galaxy A8 handset here.

Warsi said 2015 has a great start for the company with 16 devices launched till now.

However, he declined to comment over the margins in India when asked about reports over shrinking margin
levels in the mobile division of its parent Samsung Electronics Co.

"India is an encouraging market with double digit growth," Warsi said.

Mobile industry was growing at 12-14 per cent with 6-7 million unit market for smart phones, he said.

Warsi refused to share details about its sales revenue from online channel and said it has 2,100 exclusive Samsung stores and reaches to 1,500 modern retail outlets.

By: DocMemory
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