DataWind Responsible for 21 Percent of Tablets Sold in India in Q4 2015

In the fourth quarter 2015, DataWind Inc. (TSX:DW) shipped more tablets in India than any of its competitors.
According to the press release:

DataWind was responsible for 20.7% of the tablets sold in India during the quarter, followed by Samsung at 15.8%, Micromax at 15.5%, Lenovo at 13.8%, and iBall at 10.0%. DataWind tablet sales have far exceeded the growth rate of the overall market in India, which according to IDC was 8.2% in 2015.
According to another recent study, DataWind holds 58% market share in the sub-Rs 5,000 tablet segment (approximately $75) which is the largest growing segment of the overall market, having nearly doubled since 2014.
DataWind is the only tablet provider in India focused on providing affordable tablets and Internet access. All DataWind tablets and smartphones come bundled with one year of unlimited Internet access, and feature the most affordable ongoing plans available on the market due to the company’s unique, patented technology that reduces up to 97% the amount of data needed for web browsing.
“This IDC report reveals that more Indians prefer our tablets than any of our competitors,” said Suneet Singh Tuli, president and CEO of DataWind. “It also demonstrates how our transition to local manufacturing and improvements in our sales channels has allowed us to meet the phenomenal demand.”

Click here to read the full press release.