Thursday, January 29, 2026
24.6 C
Lagos

Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

Nigerian Exchange Group Plc (NGX Group), in partnership with...

Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Insurance

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

Nigerian Exchange Group Plc (NGX Group), in partnership with...

Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Insurance

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

India Tablet Shipments Sluggish in Q1 2016

According to International Data Corporation (IDC), Indian tablet market in CY Q1 2016 remained flat over previous quarter with total shipments of 0.86 million units (including slate and detachable form factors).

However, shipments grew by a marginal 1.3 percent over the same period last year. Declining consumer interest in the slate tablet form factor and rapid growth of large screen smartphones (phablets) causing the tablet market to slow down.

Detachables traction continued in Q1 2016 with triple digit year-over-year growth, although it was on low base as uptake in this form factor began mainly from Q2 2016.

“Windows based detachables continue to account over 70 percent share, however Apple’s recent foray into this segment has garnered them to clock decent numbers given the premium price of their products. Although, continued long-term success may prove challenging as it plays in higher entry price point and iOS is yet to prove its enterprise-readiness unlike Microsoft” says, Karthik J , Senior Market Analyst, IDC India.

Micromax continued to lead detachables category accounting for more than one-third of total shipments in Q1 2016.

“Smartphone vendors constitute more than half of detachables. Their strong understanding of mobile ecosystem and the volume achieved from their smartphone product lines would allow them to aggressively compete in this new computing segment”, adds Karthik.

Top 5 Vendor Highlights:
Datawind: Datawind withstood its top position with 27.6 percentage share as shipment grew at a healthy 33.5 percent over previous quarter. Vendor’s shipments doubled year-on-year showing a sharp trajectory in last one year. Vendor’s television channel partners played pivotal role in this quarter’s growth through their aggressive marketing and selling during mid-quarter.

Samsung: Samsung sustained its 2nd place with vendor share of 15.2 percentage in Q1 2016. Shipments dipped marginally by 3.7 percent over previous quarter but grew 5.1 percent over Q1 2015. Entry level Galaxy Tab models continue to be volume runners for Samsung in Slate tablets.

However, vendor began to face stiff competition in premium detachable segment from Apple and Microsoft in Q1 2016.

Lenovo: Lenovo being the only PC vendor in Top 5 moved up to 3rd position in Q1 2016 with a market share of 13.6 percentage. Q1 2016 shipment grew at a healthy 30.5 percent over the same period last year while dipped marginally over Q4 2015. While commercial segment continued to drive volumes for the vendor, its new product Phab saw some healthy shipments in consumer segment.

Micromax: Micromax slipped to 4th place as shipments dip further in Q1 2016 by 27 percent over previous quarter to hold the market share of 11.3 percentage.

However, vendor managed to post 16.2 percent growth over the same period last year owing to healthy contribution from its Laptab detachable.

iBall: iBall manages to be in Top 5 with vendor share of 8.7 percentage in Q1 2016. iBall shipments dip approximately by 12 percentage both sequentially and year-on-year. While the vendor was one of the first few who introduced low cost detachables in the Indian market, it has somewhere lost out opportunity to capitalise the growth in detachable category.

Hot this week

ITU Sets Path to Drive Digital Benefits for Citizens Worldwide

Member States of the International Telecommunication Union (ITU) agreed...

IMPI: Nigeria’s Economic Model under Tinubu to Deliver 5.5% GDP in 2026

One of Nigeria’s notable policy groups, the Independent Media...

Standard Bank Closes $250m Strategic Financing for Aradel Energy

Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited and...

First Asset Management Receives Upgraded Ratings from Agusto & Co, DataPro

First Asset Management, a subsidiary of FirstHoldCo Plc has...

SERAP Sues Adelabu, NBET over ‘Failure to Account for Missing N128bn in Power Ministry’

Socio-Economic Rights and Accountability Project (SERAP) has filed a...

Topics

Rivers State to Host 2017 Editors’ Conference

Rivers State will host this year’s edition of the...

CBN Assures Bank Depositors of Safety of Funds

The Central Bank of Nigeria (CBN) has noticed reports,...

PenCom: Why Micro Pension Adoption is Slow in Nigeria

Mr. Dauda Ahmed, Head of Micro Pension at the...

The Federal Cabinet: Time for Effective Governance

The 2015 Presidential Election ended on Saturday, March 28, 2015. It now belongs to the history books. Regardless of the pros and cons of the polls, it came and went. And in a commendable act worth eulogising, the then incumbent president, Goodluck Jonathan conceded defeat and congratulated the declared winner, Muhammadu Buhari, a development that earned widespread local and international applause for Nigeria as a nation.

Elumelu Seeks Urgent Recapitalisation, Enforcement of Compulsory Insurance in Nigeria 

Tony O. Elumelu, Chairman, Heirs Insurance Group, called for...

NCC-CSIRT: The Countermeasures Against Website Scams on Microsoft Edge Browser

The Nigerian Communications Commission's Computer Security Incident Response Team...

Olashore: ‘Economy on Track to Greatness Despite Challenges’

The Chairman of Lead Advisory Partners, Prince Abimbola Olashore...

Temenos Wins ‘Best Digital Banking Solution’ in Africa Award

Temenos, the banking software company, has become the first vendor...
Exit mobile version