India smartphone market falls 20% in Q3 2026; Ai+ Smartphone reports 306% YoY growth: Counterpoint

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India’s smartphone shipments declined 20% year-on-year (YoY) in Q3 2026 (July–September), reaching their lowest level in a decade, according to Counterpoint Research’s Monthly India Smartphone Tracker. Record-high memory prices drove up smartphone costs, while weak consumer demand led brands to limit channel inventory ahead of the festive season, contributing to the shipment decline. Continue reading “India smartphone market falls 20% in Q3 2026; Ai+ Smartphone reports 306% YoY growth: Counterpoint”