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.

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