Memory Chip Crunch Threatens Sub-₹10K Smartphone Segment In India

The sub-₹10K smartphone market, which shipped 173M units last year, faces an existential crisis with Q2 2026 seeing a 60% YoY decline, driven by memory chip shortages, per IDC. Deeptech builders in semiconductors should note: supply-constrained commodity components are now the bottleneck for consumer electronics in India; solving chip supply (local fab, alternate sourcing) is now a macro opportunity.

Source: The Hindu Tech ↗