Consumer tech company Nothing logs 144 pc growth in Q1


New Delhi, May 10 (IANS): London-based consumer tech brand, Nothing, on Friday said it achieved 144 per cent growth (year-on-year) in the first quarter (January-March period) this year.

The growth, said the company, citing Counterpoint Research data, is attributed to the mid-range model, the Nothing Phone (2a) which garnered "significant mind share".

In March this year, the company launched its third smartphone, Phone (2a), in India.

"The Phone (2a) series has garnered immense popularity since its launch, selling 60,000 units within the first 60 minutes of its launch and went on to sell 100,000 units shortly after," the company claimed.

The company said it recently introduced the Phone (2a) Blue edition, an India-exclusive colour.

Additionally, it has established a new foundation for its audio product suite with two new wireless earbuds, Nothing Ear and Nothing Ear (a).

Founded in 2020, Nothing has sold over 3 million products worldwide, including Phone (1).

According to Counterpoint Research, India’s smartphone market is expected to grow in single digits this year. During Q1 2024, the offline share reached 64 per cent, marking the highest quarterly post-Covid figure.

 

  

Top Stories


Leave a Comment

Title: Consumer tech company Nothing logs 144 pc growth in Q1



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.