Budget smartphone shipments fall sharply as 'RAMpocalypse' hits India
Chinese smartphone brands, once dominant in India's budget segment, are losing market share as Samsung and Apple capitalize on the world's second-largest smartphone market.
The chip shortage has hit Chinese smartphone brands hard, especially in India's budget segment. According to International Data Corporation (IDC), Vivo, Xiaomi, and Realme saw double-digit declines in shipments in Q2 2026, while OPPO saw an 8.5% drop... [1523 chars]