India's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset prices, impacting demand. The budget segment experienced a substantial forty-five percent drop in shipments. Samsung was the only major brand to achieve shipment growth during this period.

Memory and storage now account for more than 60% of production costs for some budget smartphones and over 30% for premium models

The global smartphone market experienced its slowest second quarter since 2013, primarily due to soaring memory chip prices and prevailing economic uncertainty. While Samsung and…

India's smartphone market faces a 10% decline in Q2 2026 as rising prices weaken consumer demand and sales plummet.

Higher smartphone prices, weakening consumer demand and soaring memory costs push India’s smartphone shipments to the steepest June quarter decline in six years. | Business News

Nothing led India's smartphone market growth in the second quarter of 2026. This surge followed strong demand for their Phone (4a) and Phone (4a) Pro models. Increased brand…

India’s mass-market mobile segment (sub-15k) has been hit the hardest, with its shipments declining 45% year-over-year (YoY), noted Counterpoint Research due to rising memory…

India's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset prices, impacting demand. The budget…

Chinese smartphone makers saw their lowest market share since 2020 in India's June quarter, as rising prices impacted budget segment demand amid a 10% drop in overall shipments.

NEW DELHI: India's smartphone shipments (sales) declined 10% year-on-year in the June quarter, the sharpest quarterly decline in three years since the January-March period of…