India smartphone shipments fall to 6-year low in Q1 amid price hikes: Counterpoint Research
India’s smartphone shipments fell 3% year-on-year in the first quarter of 2026, marking their weakest quarterly performance in six years as cost pressures, price hikes and soft demand weighed on sales, Counterpoint Research said on Friday.
Over 80 smartphone models saw average price hikes of 15%, with a further 15%-20% expected in the second quarter.
