India's Smartphone Market Declines in Q2 Amid Global Memory Shortages

Higher component costs, driven by global memory shortages, led to increased smartphone prices and dampened demand in India's second quarter. This decline is reshaping handset sales in value-driven markets across Asia and emerging economies.

So What

Global memory shortages are translating into higher component costs and weaker end-market demand for consumer electronics.

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What it moves

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Sources (1)

India's Smartphone Market Declines in Q2 Amid Global Memory Shortages

DigiTimes · RSS · 1d ago

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Updated 1d ago · 1 source

India's Smartphone Market Declines in Q2 Amid Global Memory Shortages

Higher component costs, driven by global memory shortages, led to increased smartphone prices and dampened demand in India's second quarter. This decline is reshaping handset sales in value-driven markets across Asia and emerging economies.

So What

Global memory shortages are translating into higher component costs and weaker end-market demand for consumer electronics.

Read Source→