New Delhi, May 5 (IANS) India’s smartphone market reached its weakest quarterly performance in recent years, with shipments declining 2 per cent (year-on-year) in Q1 2026, driven by a sharp rise in DRAM and NAND flash prices, which pushed up device costs and forced brands to increase pricing — leading price-sensitive consumers to defer upgrades.According to the CMR ‘India Mobile Handset Market Review’ by CyberMedia Research (CMR), the impact was sharply uneven across segments.While the pre…
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