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 2023. The impact was most severe in the mass-market segment, where sales of smartphones priced below Rs 15,000 plunged 45% from a year earlier.

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

Smartphone memory prices have increased nearly four times since September 2025 and are expected to rise further, potentially reaching five times their previous levels in the…