Indian Smartphone Market Dip 27% in Q4 of 2022; Entry-Level, Sub-Rs 25,000 Segment Most Hit
Smartphones shipments in India plunged by over 27 per cent to 29.6 million in the October-December quarter of 2022, from 40.6 million in the year-ago period, mainly due to inflationary pressures, market research firm IDC said on Friday. Indian Smartphone Market Dip 27% in Q4 of 2022; Entry-Level, Sub-Rs 25,000 Segment Most Hit.