Samsung's Galaxy M series are quite attractive mid-range phones thanks to all factors in price, configuration as well as design.

These low-cost devices were initially offered only in India but later on, the Korean company made the Galaxy M series available in other markets around the globe as well.

The Galaxy M series continues to do very well in India. Samsung announced the Galaxy M13 and Galaxy M13 5G in this country recently. A senior official also revealed that Samsung is expected to earn about 1 billion USD in India this year.

Samsung India senior director and head of product marketing, Aditya Babbar, said that Samsung aims to reach $1 billion from Galaxy M phones in 2022. He said the first half of the year. Now it's doing very well as the company achieved 20% year-over-year growth in value.

“We have had 42 million satisfied consumers with the Galaxy M series since 2019. We have very active plans for the year,” said Babbar. We have set ourselves a target of $1 billion coming from the Galaxy M series this year.”

India is one of the most lucrative markets for Samsung. The company is particularly interested in this market and that has helped them to stay on top.

The latest data from market research firm Counterpoint reveals that Samsung's overall value share in the first quarter of 2022 in India increased to 22.6% from 20% in the same period last year.

The company's market share for phones priced between Rs 10,000 - Rs 40,000 ($125 - $499) has increased to 26.9% from 21.4% in the same period last year.
Axact

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