12 smartphone manufacturers which have exited India market within the final decade |

The worldwide smartphone market has at all times been fiercely aggressive, with numerous manufacturers struggling for market share throughout all value factors. Nevertheless, a number of manufacturers that have been as soon as widespread have pale out of the limelight over time. Meizu is the newest firm to affix this checklist. Here’s a checklist of manufacturers which have exited the Indian smartphone market over time.Meizu: Chinese language smartphone model Meizu has formally shut down its smartphone enterprise to concentrate on AI. The Meizu 21 launched in November 2023 was the final telephone the corporate launched. The corporate’s CEO Ziyu Shen acknowledged that adjustments within the smartphone market have been the first purpose behind the choice. Earlier, the corporate tried to compete with the likes of Xiaomi by providing extra {hardware} specs at inexpensive costs in India. Whereas a few of its handsets have been fast to achieve recognition, the model couldn’t handle its enterprise nicely within the nation and needed to shut down its India enterprise. LG Electronics: In April 2021, LG Electronics introduced that it’s closing its cell enterprise unit. Regardless of launching modern handsets globally, LG couldn’t make it huge within the smartphone market. The corporate stated that it’ll present service help and software program updates for customers of current cell phones for a while.Sony: In Could 2019, Sony introduced its exit from the Indian smartphone market after dwindling gross sales. Aside from India, Sony has pulled out of another markets as nicely. The corporate additionally stopped gross sales in Central and South America, West Asia, South Asia, Oceania, and many others, in FY18.HTC: Taiwanese model HTC tried to make one other comeback within the India smartphone market in 2019 however didn’t exercise. HTC suffered a serious setup from the Chinese language cell makers in India and finally determined to immediately cease promoting telephones in India.BlackBerry Cellular: BlackBerry made a mark with its QWERTY smartphones amongst workplace goers in India and globally however with the rising recognition of Android and iOS, the corporate merely couldn’t sustain. BlackBerry Cellular finally shut down after August 2020 with the expiry of its contract with manufacturing accomplice TCL.LeEco: LeEco entered the Indian smartphone market with lots of grandeur. But it surely was burning additional cash than it was truly making. In the end, it needed to shut down in 2017.Spice:Spice Mobiles was a preferred India smartphone model that operated within the finances section. However the firm needed to shut down because of the intense competitors from different gamers.Panasonic: After struggling within the inexpensive smartphone marketplace for a while, Panasonic finally gave up.Videocon: Videocon launched a variety of cell phones within the inexpensive section however the model couldn’t acquire any aggressive benefit out there and needed to finally cease promoting telephones.iBall: Equipment maker iBall additionally tried to make finances smartphones to focus on rural areas however the intense competitors from Chinese language manufacturers like Oppo, Xiaomi, Vivo and others made it tough to outlive.Alcatel: Alcatel may by no means make its mark within the Indian smartphone market and the model was fast to lose the eye of patrons in India.

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