Friday 29 April 2022

Counterpoint: Supply chain issues caused decline in India phone market in Q1

The India phone market had a tough first quarter of the year. According to Counterpoint Research, makers pushed 38 million smartphones, which is 1% less than they did twelve months ago. Feature phones sales between January and March 2022 went off a cliff though, falling 39%. This brings the overall sales decrease to 16%. The first quarter of 2022 began with a slow start due to the third COVID wave in the Asian country, Senior Research Analyst Prachir Singh revealed. The supply chain issues affected all major manufacturers who had to adopt different strategies for dealing with the...



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