indian market newsgram
Vivo Aims at Developing AI-Enabled 5G Devices for Indian Market NewsGram
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.
- Information Technology > Artificial Intelligence (1.00)
- Information Technology > Communications > Mobile (0.70)