India Smartphone Sector Stagnant in Q3 2023, Realme Overtakes Vivo in Market Share: IDC

A recent research states that sluggish performance in the quarter caused India's smartphone market to remain flat year over year in Q3 2023 with shipments of 44 million units. Its forecast for the market in 2023 suggests that shipments will remain steady or decline slightly. September saw the lowest shipments since 2019 due to dwindling demand and high prices.

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