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India's Smartphone Market Hits 10-Year Low As Q3 Shipments Fall 20%, Budget Phones Worst Hit

India's Smartphone Market Hits 10-Year Low As Q3 Shipments Fall 20%, Budget Phones Worst Hit
Photo: Free Press Journal · view original

New Delhi, Oct 23: India’s smartphone shipments fell 20 per cent year-on-year in Q3 2026 to their lowest level in a decade as record-high memory prices pushed device costs up and pulled down volumes for most brands, a report said on Friday. Amid persistently soft demand, OEMs held back on channel...

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