According to the latest figures of Voice & Data study, Samsung posted a growth of 21.7 per cent to register revenues of Rs 5,720 crore in 2010-11 from India, from Rs 4,700 crore in the earlier fiscal.
On the other hand, Nokia had a flat growth, with revenues of Rs 12,929 crore in 2010-11 from India compared to Rs 12,900 in the earlier fiscal, according to the Voice & Data study.
Smartphones like the Galaxy and Wave series have helped Samsung boost its share in the smartphone category. Samsung has already said that it anticipates smartphones to contribute 15 per cent to the sales volume by the end of 2011 from about 10 per cent previous this year.
However, Nokia is geared up for the challenge. Nokia spokesperson said that “In the smartphones segment, Nokia continues to lead in this market, and according to Canalys, the smartphone market in India stood at 6.32million units in FY 2010-11 and Nokia’s share in this (segment) was 62.6 per cent.”
According to the reports, Nokia has lately tied up with Microsoft for adopting Windows phone as primary platform for smart phones.
“We continue to strengthen our portfolio and by year-end we will introduce new form factors like QWERTY and touch-and-type and phones at cheaper price points,” Nokia spokesperson said.