Handset-makers dial overseas for growth

After successfully making a dent in the market share of multinational phone-makers, the domestic players are eyeing double-digit growth from exports.

Also, Microsoft has discontinued the Nokia X series phones, which run on Android, targeted at emerging markets, thereby opening up opportunities, said industry watchers. “With Samsung and LG at the top end, Indian players are seeing a lot of opportunities in the ‘affordable’ phones segment,” said Sanchit Vir Gogia, analyst with Greyhound Research.

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