Smartphone shipments fall 5% in Q2, Samsung down to 4th: IDC India

New Delhi: The Indian smartphone market registered a 5% sequential decline in shipments in the second quarter of 2022, as a result of tapering demand due to rising inflation and higher input costs leading to higher market prices, according to a report by IDC India.

The first half of 2022 saw 71 million units being shipped in the market, which is a 1% on-year decline, with the second quarter registering 35 million shipments.

“The primary challenge in 2021 was around supply constraints, which have eased considerably. However, the market is now facing demand contraction in 2022 due to rising inflation and higher input costs, leading to higher market prices. As a result, the inventory cycles are increasing across brands and channels,” said Upasana Joshi, Research Manager, Client Devices, IDC India.