Business

Chip Shortage Reshapes Indian Smartphone Market

Updated 2026-08-20 00:40 UTC 1 source Negative

Rising memory chip costs are impacting the world's second-largest smartphone market. Chinese brands are becoming less competitive as Apple and Samsung gain an edge.

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CNBC
Rising memory chip costs are reshaping the world's second-largest smartphone market as Chinese brands become expensive, improving the value proposition for Samsung and Apple.
2026-08-20 00:17 UTC
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