Sunday, August 3, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Technology

Asustek sets Indian market target

Fiinews by Fiinews
September 14, 2015
in Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Responding to strong market demand, Taipei-listed Asustek Computer Inc is aiming to secure a five per cent of the Indian market share next year.
Asustek has presented to the Indian market its latest smartphone, Zenfone 2 Laser, on September 8, earlier than the anticipated September 19.
Asustek has already secured a two per cent market share, having sold more than 1.6 million units of its ZenFone series since it entered the Indian smartphone market in July last year.
“Asustek aims to sell three million handsets in India this year and achieve a five per cent market share in next year,” Asustek India managing director Peter Chang said last Tuesday (Sept 8).
The Taiwanese PC maker has received more than 30,000 pre-orders for the ZenFone Laser in India after the phone was unveiled last month, Chang disclosed.
“Being a new entrant in the (Indian) market, consumers have accepted the brand with such great enthusiasm that we had to reset the sales date of our latest offering,” Chang said.
International Data Corp (IDC) has projected a 109.44 million smartphone sale in India this year, an increase of 33.75 per cent from last year’s 81.82 million units, rating India among the fastest-growing smartphone markets.
South Korea’s Samsung Electronics Co has the largest share of the Indian market, at 23 per cent, followed by domestic company Micromax Informatics Ltd with 17 per cent, according to IDC.
Indian smartphone brands Intex Technologies Ltd and Lava International Ltd account for 11 per cent and seven per cent, respectively.
Asustek has teamed with Indian e-commerce site Flipkart.com since July to sell its phones in 660 cities and have dispatched more than 400 sales representatives in 120 direct stores, said Chang.
It has also started working with Hon Hai Precision Industry Co to make smartphones in India.
In April this year, Taiwan’s HTC Corp has signed an agreement with Indian contract manufacturer, Global Devices Network Co, to make entry-level and mid-priced handsets.
In July, HTC chief financial officer Chang Chia-lin told investors that the company sees “tremendous” growth in shipments and sales in India. Its sales and shipments grew 150 per cent annually there in the first quarter of the year.
fii-news.com
ShareTweetShare

Related Posts

Dr Jitendra Singh Deep Tech
Technology

Tech: India to launch Deep-Tech Fund of Funds

by Fiinews
August 2, 2025
0
16

Rs.1 lakh cr fund to be boost private sector participation A dedicated Deep-Tech Fund of Funds will be established to...

Alberta Innovates
Technology

Market: Prodapt expands Alberta operations

by Fiinews
July 31, 2025
0
13

Nearshore delivery centre to serve North American clients Chennai-headquartered Prodapt has signed a Memorandum of Understanding (MOU) with Invest Alberta...

Apexon Logo

Tech: AgentRise for shifting AI-native operations

July 31, 2025
16
SSVM

Tech: SSVM to host conclave in Coimbatore

July 31, 2025
14
Bhashini

Tech: India to share AI models with Global South

July 29, 2025
19
Nadcab Labs Logo.png

Tech: Nadcab reports increase in blockchain adoption

July 25, 2025
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: AP gets 29 National Highways
  • Tender: PM officiates on projects in Varanasi
  • Invest: AP CM woes Singapore investors
  • Tech: India to launch Deep-Tech Fund of Funds
  • Tender: Enhancement of infrastructure along NWs

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.