Amazon ‘5th Gear’ 5G Store With Exchange Discounts, No Cost EMIs, Free Prime Membership Announced in India

Amazon ‘5th Gear’ 5G store was launched by the company on Sunday. The ecommerce website is offering lucrative discounts and offers on some of the latest 5G handsets from a wide range of smartphone brands. The store offers an additional discount of up to Rs. 14,000 on exchange deals. On select models, the store also offers a complimentary 12-month free membership of Amazon Prime. There are also no-cost EMI options of up to 12 months on certain models. The deals and offers available on the smartphones vary from model to model.

The store will sell 5G smartphones such as the recently released iQoo Z6 Lite, OnePlus 11, Realme Narzo 50, Lava Blaze, Redmi Note 12, Oppo A78, OnePlus 10R, Tecno Phantom X2, among others. Given the rapid rise of 5G chips and 5G-enabled devices, the list of smartphones on the Amazon 5G store can be expected to increase over the next few days.

Some of the best deals available are on some of the most popular 5G smartphone devices this year including OnePlus 11R, Samsung Galaxy S23 Ultra, iQoo Neo 7, and Realme Narzo 50 Pro.

Customers who purchase the OnePlus 11R will receive an additional Rs. 3,000 exchange discount, no-cost EMI, and up to Rs. 1,500 off select bank cards. The phone is priced starting at Rs. 39,999.

The Samsung Galaxy S23 Ultra comes with an exchange bonus of up to Rs. 14,000, an instant discount of Rs. 8,000 when purchased with an HDFC card, and a no-cost EMI offer. The phone is priced starting at Rs. 1,24,999.

iQoo Neo 7 5G and Realme Narzo 50 Pro customers get Rs. 2,000 exchange bonus and a Rs. 1,500 bank discount. This reduces the price of the base iQoo Neo 7 model to Rs. 28,499 and the price of the Narzo 50 Pro to Rs. 17,999.


From smartphones with rollable displays or liquid cooling, to compact AR glasses and handsets that can be repaired easily by their owners, we discuss the best devices we’ve seen at MWC 2023 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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For details of the latest launches and news from Samsung, Xiaomi, Realme, OnePlus, Oppo and other companies at the Mobile World Congress in Barcelona, visit our MWC 2023 hub.

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Samsung India Sells Smartphones Worth Rs. 14,400 Crore During Festive Season

Samsung India sold mobile phones worth Rs. 14,400 crore between September and October and recorded 99 percent growth in the premium category smartphones in the first three quarters of 2022, a senior company official said on Friday.

Samsung India senior director and head of product marketing Aditya Babbar told PTI that the company recorded a 178 percent jump in sales in value terms of 5G smartphones between January and September 2022 on a year-over-year basis.

Samsung had a record festive season this year. This was an outstanding performance on account of great revenue which we posted of Rs. 14,400 crore in a 60-day period starting September 1,” he said.

Without disclosing the exact percentage, Babbar said that the growth was in the healthy double-digit compared to sales during the festive period last year.

He said that Samsung Finance Plus was one of the key contributors to the growth and the transaction on the platform tripled to over 10 lakh during the festive season.

“The growth has been much better in tier 2 and 3 towns but it has done phenomenally well in urban centres as well,” Babbar said.

The company recorded 99 percent growth in value terms in the premium segment smartphones priced above Rs. 30,000 apiece in January-September 2022 compared to the same period last year.

“Samsung is the fastest growing premium segment brand in India on the back of S22 and Foldables phones. Our growth has been 99 percent in Rs. 30,000 plus category versus January-September last year,” Babbar said.

According to Counterpoint Research’s latest report, Samsung was the second largest smartphone seller in India with an 18 percent market share in terms of volume in the July-September quarter and remained the top-selling smartphone in the country.

The company claims that its overall mobile phone business grew by 20 percent and has a 22 percent revenue market share in the first nine months of 2022.

“We have also been the number 1 brand in terms of value since 2013. Consumers are adopting more 5G and premium phones. We are at the forefront of the democratisation of 5G with a Rs. 10,900 device. We have 20 devices which are enabled with 5G. We are number 1 in the 5G brand for the last four quarters,” Babbar said.

He also said that the company will be rolling out software updates across all 5G devices by November 15 and most of the devices have already started supporting 5G services. 

 


Buying an affordable 5G smartphone today usually means you will end up paying a “5G tax”. What does that mean for those looking to get access to 5G networks as soon as they launch? Find out on this week’s episode. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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5G Smartphone Users Willing to Shell Out Up to 45 Percent Premium for Upgrade: Study

Over 100 million users in India with 5G-ready smartphones want to upgrade to 5G network in 2023 and many of them are willing to pay up to 45 percent premium, a study by Ericsson said on Wednesday.

The survey assumes significance as the countdown for 5G services availability has begun in India, the world’s second-biggest smartphone market after China. The study by Ericsson has indicated a lucrative monetisation and “extremely good” ARPU (average revenue per user) uplift potential for telcos in the country.

That said, 5G network performance will be a driver for loyalty, and among those who plan to upgrade to 5G, about 36 percent plan to churn to the best provider of the 5G network when it is available.

About 60 percent of early adopters who already have a 5G-capable phone expect new innovative applications, which are considered more appealing than better coverage.

“These users are even willing to pay a 45 per cent premium for plan bundled with novel experiences provided their expectations are met,” the survey revealed.

The report ‘Promise of 5G’ in India by Ericsson ConsumerLab, was carried out in the second quarter this year and reflects the views of 300 million daily smartphone users in urban India. The report highlights key insights that will drive the uptake of 5G in India.

5G adoption is expected to start with consumers and then move to enterprises. The consumer 5G readiness is high in India, the report noted.

Notably, the intention to upgrade to 5G in urban India is two times higher than their counterparts in markets like the UK and US where 5G has already been launched.

“Over the past two years, India has witnessed three times increase in smartphone users who own a 5G handset. The study reveals that 100 million-plus users with 5G-ready smartphones wish to upgrade to a 5G subscription in 2023 while more than half of them are open to upgrading to a higher data tier plan in the next 12 months,” the report by the Swedish telecom gear maker said.

Jasmeet Sethi, Head of Ericsson ConsumerLab, during a virtual briefing, said the transition to 5G provides an opportunity for service providers in India to strengthen their position in the consumer market, with a focus on 5G quality and availability.

“More innovative experiences need to be bundled to meet the expectations of early adopters to successfully monetise 5G,” Sethi said.

Many consumers who were surveyed indicated willingness to pay about 10 percent premium for 5G connectivity, but a bigger uplift on the premium will come in when at least three different services are bundled on top of a 5G plan, according to Ericsson.

“That uplifts the premium by another 35 percent resulting in total premium of about 45 per cent, which is extremely good sort of an ARPU uplift, and we don’t think this is impossible,” Sethi said citing global average 5G premiums that tend to range between 20-40 percent.


Buying an affordable 5G smartphone today usually means you will end up paying a “5G tax”. What does that mean for those looking to get access to 5G networks as soon as they launch? Find out on this week’s episode. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated – see our ethics statement for details.

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