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Indian smartphone market faces tougher H2 as prices rise

Posted on August 11, 2026
By Financial Express
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1 min read

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Indian smartphone market faces tougher H2 as prices rise

Surging memory costs and 15% price hikes are shrinking India's smartphone market, with entry-level shipments collapsing by 74% as IDC projects full-year 2026 volumes to drop to 128-130 million units.