The West Asia conflict has disrupted critical PCB materials, adding a new layer of cost pressure on electronics makers already dealing with rising memory prices and supply constraints
Supply-side cost pressures and weak demand took a toll on India's smartphone shipments, which fell 3 per cent year-on-year in Q1 2026, suffering its weakest quarter in the last six years, according to Counterpoint Research's Monthly India Smartphone Tracker. On the outlook, Research Director Tarun Pathak said India's smartphone market is expected to remain under pressure in the near term, with Q2 2026 likely to see a double-digit decline, as elevated memory prices and weak entry-level demand continue to weigh on overall volumes. "For the full year, the market is projected to decline by 10 per cent YoY, as sustained component cost inflation, particularly in memory, which has already increased 4x over the past three quarters, continues to impact affordability and lengthen replacement cycles," Pathak said. Brands, he observed, are expected to stay disciplined, focusing on premium-led growth, tighter portfolio execution and channel efficiency. While premium segment should remain ...
Higher prices and cautious spending shift smartphone buyers to value options
The new forecast, a dramatic revision down from earlier estimates, gives the latest accounting of the ongoing memory crunch that's affecting every corner of the electronics industry
India's smartphone market declined 1% in 2025, but demand for affordable 5G phones surged, with Vivo leading the market and brands like iQOO and CMF posting strong growth, says CMR
Industry bodies representing device makers had earlier this year petitioned the finance ministry for a shift to 12 per cent, as the government reviewed GST rate slabs
Nothing is expected to position the Phone 3 as a true flagship, featuring top-tier specifications like the Snapdragon 8 Elite chip, a three-camera system with a periscope telephoto lens, and more
iPhone 17 plans, localisation drive hit by China delays
Value phones to follow in two years as consumer use cases expand
Experts also point out that many feature phone users looking to buy their first smartphone prefer a more feature-loaded 4G phone rather than a basic new smartphone at the same price
Apple Inc, through its iPhones, accounted for two-thirds of India's smartphone exports during the period under review, underscoring the impact of the production-linked incentive (PLI) scheme
While mobile phone production capacity reached over 500 million units by the end of 2024, India only produced around 250 million, primarily iPhones for export
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching USD 49.2 billion and exports at USD 15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds. However, a few industry groups are pushing for further import tariff cuts on smartphone components in the Union Budget for FY26. The Global Trade Research Initiative (GTRI) warns that this could harm India's growing local manufacturing ecosystem and long-term ambitions in electronics. "Instead of cutting tariffs, GTRI recommends setting up component hubs near ports to reduce import delays and warehousing costs. This approach, used by countries like Vietnam and China, wou
Rising demand for premium devices, led by Apple and Samsung, is expected to increase India's smartphone market size to over USD 50 billion (about Rs 4,28,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. The Indian smartphone market size was estimated at USD 37.9 billion (about Rs 3.25 lakh crore) in 2021, according to the research firm. "India's smartphone market is on track to achieve its highest-ever value in 2025, crossing USD 50 billion. Brands like Apple and Samsung are leading this shift by offering competitive options in the premium and ultra-premium segments," the report said. Apple India has registered a total income of Rs 67,121.6 crore, while Samsung reported revenue of Rs 71,157.6 crore from the mobile phone vertical in the financial year 2024. According to the report, the retail average selling price of India's smartphone market is expected to cross the USD 300 mark (about Rs 25,700) for the first time in 2025. "Apple
Israel-based unified communications company Tadiran Telecom plans to invest at least USD 10 million (about Rs 80 crore) annually to manufacture IP telephones in India, a top company official has said. IP telephones support multiple communication functions, including conference calls through apps, and are generally used in business organisations. The company has partnered with DCM Shriram for manufacturing IP phones. Tadiran Telecom CEO Moshe Mitz, on the sidelines of an event to announce its manufacturing plan in India, said the company is likely to invest more every year in the second phase of production expansion, which will include Software development. "We plan to make 1,00,000 IP telephones in India every year. This is a conservative number. We have allocated USD 10 million for one year for our manufacturing project. Investment will increase based on the performance," Mitz said. Tadiran has been operating in India for the last 26 years through channel partners. Mitz said tha
Apple recorded all-time records in revenue and shipments in the September quarter, while Samsung slid
In Q3 smartphone shipments, India accounted for 15.5 per cent of global shipments, second only to China, which led with a 22 per cent share
Samsung, prioritising its flagship Galaxy S series and enhancing its value-driven portfolio, led the market by value with a 23 per cent share
Mobile phones priced in the range of Rs 10,000-20,000 dominate the country's smartphone industry, constituting over 40 per cent of the total market size, according to Infinix India CEO Anish Kapoor. Kapoor said the demand for 5G-enabled handset has increased in the recent past and devices priced between Rs 10,000 and Rs 20,000 see higher demand as compared to those priced below Rs 10,000 that used to dominate the market earlier. The stagnancy, which was in the market for the past two years, has changed, and the market has once again started to grow back, said Kapoor who was in Lucknow on Thursday for the launch of the company's latest smartphone Note 40X 5G. "...earlier the phones which were priced under Rs 10,000 used to dominate the market in India, and it was around 35 per cent to 40 per cent. Now, the major market has gone to the mobile phones priced in the range Rs 10,000 to Rs 20,000 now, which is close to 43 per cent," Kapoor told PTI. He attributed the new trend to users' .
Announcing the Stage 1 winners of its Community Project Edition, Nothing unveiled the Phone 2a concept with green-tinted phosphorescent material on the back that it said emits a soft glow in the dark