Xiaomi dropped to second place in the Indian market due to border issues between China and India. Samsung, on the other hand, made huge gains in the Sino-US Cold War. South Korean smartphone and electronics maker Samsung has outperformed Chinese companies in the third quarter. The company said on Thursday that its profit rose 59 percent to a two-year high in September. Sales of computer memory chips, smartphones and devices have boosted the company's profits.
As of September, Samsung had sold a total of 7.8 million smartphones in several major countries, including India. It is known that more than 90 percent of the products produced have been sold. Besides, 90 million tablets have been sold. However, the demand for Samsung's computer chips has decreased.
According to a study, it took Samsung two years to regain dominance in the smartphone market in India. At the moment, Samsung has overtaken Xiaomi with 24 percent share. One out of every four mobiles sold in India at the moment belongs to Samsung. India's situation in Ladakh with China is expected to increase.
Xiaomi is in second place with 23 percent share this quarter. Demand for this specialty has grown significantly as a result of recent corporate scandals. The South Korean company said that with the introduction of new flagship models such as the Galaxy Note 20 and Galaxy Z Fold 2, sales of large-scale smartphones in large regions, including India, have grown faster than in the previous quarter.