Indian prefers very low-end smart phones.
As per Gartner, the Average Selling Price (ASP) of smartphones in India is $70 and smartphones under $120 contribute around 50% of overall smartphone sales here. Now consider the pricing of the new smartphones launched in China. The Mi Note 2 starts selling at $413 and goes all the way to $516 for the high-end variant. The Mi Mix starts at $516 and goes till $590 for the high-end variant. Lastly, the Mi 5s is priced at $295 for the base variant and goes all the way to $385 for the high-end Mi 5s Plus.
And their annual sales of smart phone equals our sales in one quarter.
China's high-end phones won't even enter indian market because of their very low purchasing power. Xiaomi sells its low-end Redmi to indian, but will never launch bezel-less Mi Mix. Apple does not have one single flagship store in the shining supa powa, whilst in China it opens everywhere though iPhone is not even among top3.
Huawei's high-end phones have been launched in Germany.
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You know what, the middle-end One Plus to average indians is some sort of luxury.
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