India’s smartphone shipments fall 10% in Q2, biggest June-quarter drop in six years

India’s smartphone shipments fell 10% year-on-year in the April-June quarter, recording the steepest decline for a June quarter in six years as surging memory prices forced brands to raise handset prices, hurting consumer demand, according to Counterpoint Research’s Monthly India Smartphone Tracker.

The research firm expects the pressure to continue through the rest of the year, forecasting a 13% decline in smartphone shipments in 2026 as elevated component costs keep devices expensive and consumers delay upgrades.