
China is the world's largest market for smartphones, although thanks to COVID-19, that market is shrinking. Can you guess which country represents the second-largest smartphone market? Hint: it is not the U.S. Actually, it is India; but as a developing country, Indian consumers don't have much money to spend on top-shelf models. This explains why value for money manufacturers like Xiaomi are ripping it up in the country. It also explains why the mid-range Samsung Galaxy A series does so well in this market.
Apple did a brisk business in India with its budget-priced ...