India smartphone market to see 15-20% drop in Q2 amid lockdowns By IANS | Published on Mon, May 10 2021 12:12 IST | 11 Views Smartphone. (File Photo: IANS). Image Source: IANS News New Delhi, May 10 : Owing to the second Covid-19 wave and associated state-wide lockdowns, the country is likely to see a significant dip of 15-20 per cent in smartphone shipments in April-June period (Q2) 2021, a new report said on Monday. Coupled with that, supply chain disruptions and component shortages will continue to test smartphone brands, according to market intelligence firm CMR. "Having said that, with remote work and e-learning continuing to gain permanence, it potentially bodes well for the smartphone industry prospects in H2 2021," said Anand Priya Singh, Analyst-Industry Intelligence Group, CMR.