Economy · India
India Smartphone Shipments May Decline Amid Rising Memory Costs
India's smartphone shipments are projected to fall by over 15% in the second half of 2026. This decline is attributed to a surge in memory costs, which is reshaping the market. Additionally, phones priced under ₹10,000 are rapidly disappearing from the market, contributing to a five-year low in the Indian smartphone sector.
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- Centre (2): Business Today, The Free Press Journal