New Delhi, July 21 (IANS) India’s foldable smartphone market is expected to cross 3 million cumulative shipments by the end of 2026, growing at a compound annual growth rate (CAGR) of nearly 80 per cent between 2019 and 2026, according to a report released on Tuesday.According to Counterpoint Research, foldable smartphone shipments are projected to grow around 8 per cent year-on-year in 2026, outperforming the broader smartphone market despite rising device prices and weaker overall demand.Incre…
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New Delhi, July 17 (IANS) India’s smartphone shipments fell 10 per cent (year-on-year) in the April-June quarter, the biggest for a June quarter in six years, a report showed on Friday.The decline was mainly driven by record-high memory prices, which increased smartphone prices across almost all segments, weakening consumer demand and extending replacement cycles, despite promotions and financing initiatives, according to Counterpoint Research.India’s smartphone market remained under pressur…
New Delhi, April 23 (IANS) The shipments of ‘Made in India’ smartphones grew 8 per cent (on-year) in 2025, driven by a 28 per cent surge in exports and a 1 per cent growth in domestic sell-in, according to a new report on Thursday.Exports accounted for approximately one-third of all smartphones manufactured in India, said Counterpoint Research’s ‘Make in India’ Tracker.Foxconn Hon Hai emerged as the key beneficiary with a 48 per cent YoY growth in its exports, driven by strong Apple sh…
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…
New Delhi, Feb 2 (IANS) India’s smartphone market grew a modest 1 per cent year‑on‑year in volume but a robust 8 per cent in value in 2025, underscoring sustained premiumisation, a report said on Monday.The report from Counterpoint Research said that over one in every five smartphones shipped in India is now in the premium segment, and that Apple recorded its highest ever value share.Vivo (excluding iQOO) led the market in 2025 in volume terms with a 20 per cent share, while Apple led in v…