Miau Labs / Insight
AI-driven memory crunch jolts India's smartphone market
India's smartphone market is facing a significant disruption due to the global shortage of memory chips, leading to a 10% year-over-year decline in smartphone shipments in the April-June quarter. The shortage has resulted in higher prices for handsets, with the impact being more pronounced in India than in China.
India's smartphone market is facing a significant disruption due to the global shortage of memory chips, leading to a 10% year-over-year decline in smartphone shipments in the April-June quarter. The shortage has resulted in higher prices for handsets, with the impact being more pronounced in India than in China. The global shortage of memory chips is having a significant impact on India's smartphone market, leading to higher prices and a decline in shipments.
India's smartphone market is facing a significant disruption due to the global shortage of memory chips, leading to a 10% year-over-year decline in smartphone shipments in the April-June quarter. The shortage has resulted in higher prices for handsets, with the impact being more pronounced in India than in China.
- India's smartphone market is experiencing a significant disruption due to the global shortage of memory chips.
- The shortage has led to a 10% year-over-year decline in smartphone shipments in the April-June quarter, with prices rising as a result.
- The impact has been more pronounced in India than in China, where smartphone shipments fell just 2% in Q2, according to Counterpoint Research.
Miau Labs takeThe global shortage of memory chips is having a significant impact on India's smartphone market, leading to higher prices and a decline in shipments.