New Delhi, April 17 (IANS) India’s smartphone shipments declined 3 per cent year-on-year (YoY) in the January-March quarter of 2026, which is the weakest first-quarter performance in the past six years, a report said on Friday.The decline was driven by a combination of rising supply-side cost pressures, price hikes by manufacturers and weak consumer demand, which impacted retail conversions despite a higher number of new launches, according to Counterpoint Research.To offset rising component c…
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