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Memory prices lead to India’s biggest June-quarter decline in smartphone shipments in 6 years

By Vallari SanzgiriJuly 17, 2026 · 1 min read

Smartphone memory prices have increased nearly four times since September 2025 and are expected to rise further, potentially reaching five times their previous levels in the coming months

Record-high memory chip costs have dragged down Indias smartphone shipments by 10 per cent on an annual basis for the April-June quarter of 2026. This is the biggest June-quarter decline in six years…

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