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 indian market newsgram


Vivo Aims at Developing AI-Enabled 5G Devices for Indian Market NewsGram

#artificialintelligence

Beyond Xiaomi and Realme, one Chinese smartphone brand that has seen amazing growth in India is Vivo which will double down on its efforts to develop Artificial Intelligence (AI)-enabled 5G devices in 2020 to match the fast-paced lifestyle of consumers, a top company executive said on Wednesday. The brand took a big leap with capturing 17 per cent market share – its highest-ever -- in the third quarter (July-September period) this year. It is now third in the India smartphone market – after Xiaomi and Samsung – and according to Nipun Marya, Director Brand Strategy, Vivo India, the brand has recorded its highest-ever market share of 23 per cent for the month of October (according to German market research firm GfK). "Yes! 2019 has been a good year for Vivo in India. Our endeavour is to constantly give industry-first innovations to our customers, continually expand our distribution footprint, and announce more investments as part of our commitment to the India market," Marya told IANS in an interview.

  Country: Asia > India (1.00)