TechnologyPhoto: HT BusinessGlobal Smartphone Shipments Hit 14-Year Low; India Faces 20% Drop
Global smartphone shipments have declined for the third consecutive quarter, reaching the lowest Q3 figures in 14 years. Rising component costs have increased phone prices, weakening consumer affordability and pressuring the market. India is expected to see a 20% year-on-year shipment decline in Q3 2026, with brands raising prices and cautious inventory stocking ahead of the festive season, impacting price-sensitive segments the most.
HT Business·


