Mobile handset makers set for ‘record-breaking’ September quarter

September 17, 2016

mobileIndian handset makers are set for a bumper September quarter after a sluggish first six months, as consumers would have more money to spend, helped by a good monsoon and a raise in pay scales of central government staff. Cybermedia Research expects “record-breaking” performance for the third quarter of the calendar with shipments of 75 million units, a first for the industry that recorded “decent growth” in the quarter ended June.
“Increased disposable income due to good monsoon and pay commission implementation for central government employees and pensioners, new product launches and the ensuing intense competition within the telecom operators as RJio inches closer to its commercial launch,” said Faisal Kawoosa, lead analyst for telecom at Cybermedia Research, listing out the reasons for the high growth in the coming months. Source

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