Samsung gives Apple a reason to cheer as it delays Galaxy Note 7’s launch in India
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Samsung’s Galaxy Note 7 is facing several issues such as overheating battery problems, etc, which is why the company is delaying the launch in India.
Samsung has recalled 2.5 million Galaxy Note 7 devices and will be re-launching the improved versions in South Korea, Australia, Singapore and the US first.
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"If Samsung delays it for long, they will lose out on customer acquisition since the replacement rate for premium handsets is now 2-3 years,” Tarun Pathak of Counterpoint Technology Market Research told ET.
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"However, Apple is also facing a global shortage of supply of the iPhone 7. But this is an opportunity for Apple since Indian consumers shift easily between the two brands when a compelling new handset comes,” a chief executive officer of a leading mobile phone retailer told ET.
Samsung continued to lead the Indian smartphone market with a 25.1% share in the three months ended June, according to International Data Corporation.
(Image: Thinkstock)
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