Apple's (AAPL) iPhone SE May Face Big Challenges in India

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As Apple plots India push, Samsung stakes turf with revamped phones

April 5, 2016 7:05 PM EDT

By Himank Sharma and Se Young Lee

MUMBAI/SEOUL (Reuters) - Samsung Electronics Co Ltd is regaining smartphone share in India with a revamped line-up packed with special features including a safety mode for motorcyclists, as rival Apple Inc (NASDAQ: AAPL) readies a renewed push into the world's fastest-growing market.

Long the leader in price-conscious India, the South Korean giant had been losing ground to local rivals such as Micromax and Lava, as well as Chinese brands. But Samsung's Indian market share rose to 30 percent as of February this year,... More