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    Smartphone shipments in India declined 5% quarter-over-quarter in Q2 2022 to 37 million units, though grew 9% year-over-year due to weak demand in Q2 2021 during the second COVID wave. The quarterly decline was attributed to macroeconomic headwinds impacting demand and high inventory levels, which more than doubled the normal size. Consumer demand decreased in May and June as people preferred repairing existing devices or buying refurbished models instead of new purchases.

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    Smartphone shipments in India declined 5% quarter-over-quarter in Q2 2022 to 37 million units, though grew 9% year-over-year due to weak demand in Q2 2021 during the second COVID wave. The quarterly decline was attributed to macroeconomic headwinds impacting demand and high inventory levels, which more than doubled the normal size. Consumer demand decreased in May and June as people preferred repairing existing devices or buying refurbished models instead of new purchases.

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    6 views1 page

    Smartphone Shipments June - Smartphone Shipments Fall 5% Amid Weak Demand, High Prices in June Quarter - The Economic Times

    Uploaded by

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    Smartphone shipments in India declined 5% quarter-over-quarter in Q2 2022 to 37 million units, though grew 9% year-over-year due to weak demand in Q2 2021 during the second COVID wave. The quarterly decline was attributed to macroeconomic headwinds impacting demand and high inventory levels, which more than doubled the normal size. Consumer demand decreased in May and June as people preferred repairing existing devices or buying refurbished models instead of new purchases.

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    © All Rights Reserved
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    8/6/22, 12:45 PM Smartphone Shipments June: Smartphone shipments fall 5% amid weak demand, high prices in June quarter

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    Business News › Industry › Cons. Products › Electronics › Smartphone shipments fall 5% amid weak demand, high prices in June quarter

    Smartphone shipments fall 5% amid weak


    demand, high prices in June quarter
    By Subhrojit Mallick, ET Bureau Last Updated: Jul 30, 2022, 12:08 AM IST
    SHARE FONT SIZE SAVE PRINT COMMENT

    Synopsis

    ec n a n i F j
    The on-year growth was primarily driven due to a low base in Q2 2021 due to the second

    ec n a n i F j a j a B
    covid-19 wave, while the quarterly decline is attributed to macroeconomic headwinds
    impacting demand, Counterpoint said.

    Smartphone shipments in Q2 2022


    ETTelecom

    declined 5% on-quarter, but grew 9%


    Bajaj
    on-year to reach 37 million units with
    Xiaomi leading the market with 19%
    share, followed by Samsung, Vivo,
    Finance
    Realme and Oppo, according to a
    Counterpoint Research report. Fixed
    Deposit
    The Indian smartphone market had more than 10

    weeks of inventory piled up by the end of June, The on-year growth was primarily
    which is more than double the normal inventory
    size. driven due to a low base in Q2 2021 due
    to the second covid-19 wave, while the
    quarterly decline is attributed to macroeconomic headwinds impacting Bajaj Finance
    demand, Counterpoint said.

    Consumer demand declined especially in May and June as they preferred to


    repair their device or buy refurbished ones rather than make a new purchase,
    Book Now
    said senior research analyst Prachir Singh.

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    https://economictimes.indiatimes.com/industry/cons-products/electronics/smartphone-shipments-in-q2-fall-5-due-to-macro-economic-headwinds-c… 1/5

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