India's Q3 smartphone shipments tumble 26% to a seven-year low
Smartphone shipments in India fell 26% year-on-year to 35.6 million units in the July-September quarter, the steepest drop since 2016.
According to Omdia data, India shipped 35.6 million phones in Q3, a 26% decline from the same period a year earlier. Higher memory component costs pushed manufacturers to raise retail prices, dampening demand. Samsung moved ahead of Vivo to become the market leader, while Apple saw its volume fall by about one-fifth.
Why it matters
The decline signals weakening demand for phones in India's large market, affecting global manufacturers and supply chains.
In this story
smartphone shipmentsIndiaQ3 202626% declineSamsungVivoApplememory pricesmarket leader
