HIGHLIGHT
- Samsung is planning to exit low-value feature phones.
- Samsung phones were last set to be manufactured by contract manufacturing partner Dixon.
- Samsung Intends to stop selling phones under INR 15,000 ($193).
- Samsung has spoken to channel partners that they will exit the feature phones business in the next few months by the end of this year.
Samsung feature phones could be going away from the Indian market
According to the report in the economics times, Samsung is planning to exit from India, in its feature mobile phones
value of under INR 15000 ($193) price range. Samsung has spoken the last batch of the devices for the country set to be manufactured by contract manufacturing partner Dixon this year-end. According to an ET report, Samsung featured Phone shipment in India has seen a decline of 39% in the first quarter of 202.
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