Indian Smartphone Market Shrinks By 50 In Q2 2020 Reports

The analyst firm, Canalys, reported a 13% decline in shipments during the first quarter. However, until now, the smartphone market witnessed even more ruination, as Canalys confirmed that the Indian smartphone market shrunk by nearly 50% in Q2 2020. In the report, Canalys said smartphone vendors faced a “diabolical situation”, dealing with low supply due to a complete halt in production and diminished demand, as online and offline retailers were prohibited from selling smartphones....

March 7, 2023 · 2 min · 248 words · Robert Wolf
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