India's smartphone market experienced a significant 20 per cent year-over-year decline in the third quarter of 2026, reaching its lowest level in a decade, primarily due to soaring memory chip prices that increased device costs. Samsung reclaimed the top position with a 17 per cent market share, while Chinese brands saw a decline in supplies.
Samsung India Electronics reported a 36 per cent decline in profit to 7,228.10 crore for the financial year ended March 31, 2026, even as its revenue from operations saw a slight increase of 1.2 per cent to 1.12 lakh crore.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
Samsung Electronics has launched its new Galaxy Z8 series, featuring the Z Fold8 Ultra, Z Fold8, and Z Flip8. These foldable smartphones are thinner, lighter, and boast larger displays, AI capabilities, and enhanced durability through new Flex Titanium technology. Indian customers can pre-order the devices soon.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
A six-year-old boy in Uttar Pradesh was allegedly murdered by a 15-year-old relative after the child reported an unauthorised money transfer from his mother's mobile phone.
Delhi Police have dismantled an interstate racket dealing in stolen mobile phones, arresting two individuals and seizing 83 high-end handsets.
India contributes roughly 10 per cent of Samsung Electronics' global revenue and hosts over 10,000 engineers across its R&D centres.
Apple's upcoming iPhone 18 lineup is set to cost 20 to 43 per cent more in India, primarily due to rising global memory component costs and a depreciating rupee, while the new foldable iPhone Duo will be priced between Rs 3 lakh and Rs 4.5 lakh, matching the cost of some hatchback cars.
Aggressive pricing by brands have made the 5g mobile phone affordable; you can get good options around Rs 10,000.
From flagship rivals to strong mid-range contenders, here's a look at the latest mobile phones available in India, what they offer, how much they cost, and who should consider buying them.
Samsung's new Galaxy Tab A11+ arrives with clever on-device smarts, a large 11-inch screen and a polished aluminium finish -- all crafted to make everyday tasks feel lighter, quicker, and far more delightful.
Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.
The CBI arrested two middlemen and another person in a Rs 13-lakh bribery case involving senior officers of the Punjab Vigilance department, following a late-night raid and chase.
Reliance Industries has delivered the first batch of solar modules from its green energy complex in Jamnagar, Gujarat, marking the operational rollout of its New Energy business. The company is developing an integrated clean energy manufacturing ecosystem, including solar modules, batteries, green hydrogen, and bio-energy infrastructure.
With 17 per cent market share in the Indian mobile market, Samsung Mobile plans to add another six to seven per cent market share this year.
Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.
South Korean consumer electronics major Samsung, which on Wednesday launched its latest smartphone Galaxy S25 in San Jose, US, will also be manufacturing it at its Noida plant in India, J B Park, president & CEO of Samsung Southwest Asia, said. Moreover, the Bengaluru-based R&D centre of Samsung, the biggest outside South Korea, has "contributed significantly" for developing the S25 series of Galaxy AI.
Counterpoint Research estimates that Xiaomi will end CY23 with a volume market share in CY23 to 15 per cent, pushing the Chinese company, which has faced numerous challenges and scrutiny from investigative agencies, to the third place.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
Korean handset maker Samsung on Wednesday said its galaxy range of devices based on KNOX platform have been approved by the US government to handle the full range of classified information.
According to the direction dated November 28, all mobile phones that will be manufactured in India or imported after 90 days from the date of issuing of the order will need to have the app.
Addressing a press conference, Sunil Dutt, country head, Samsung Telecommunications, said, "We plan to double our turnover. We will focus on product innovation, and value-added services like internet experience on mobile and long battery life." Even Finnish handset biggie Nokia lost market share in India from 72.3 per cent to 69.5 per cent between January and March.
'More than becoming a unicorn, what truly satisfies us is seeing small businesses grow from Rs 10,000 a month to Rs 20 lakh after joining our platform.'
To be available in two variants, the GALAXY Mega comes with a 5.8 and 6.3 inch display.
The English Premier League leaders signed a five-year sponsorship deal with South Korean electronics firm Samsung.
Samsung India Electronics said on Wednesday that it would launch 11 new high-end mobile handsets in the next five months.
Electronics major Samsung on Friday launched its 3G-powered Galaxy Camera in the country for Rs 29,900, which allows users to directly share pictures and videos on social networking sites.
Samsung shipped 83.2 million smartphones worldwide and captured 24 per cent market share
In FY22-23, Samsung exported $4.09 billion smartphones from India -- an increase of 42 per cent over 2021, when it was $2.8 billion -- accounting for 35 per cent of all smartphone exports.
The government on Wednesday withdrew the order mandating pre-installation of cyber security app Sanchar Saathi on smartphones by manufacturers.
Micromax is at second spot in smartphone sales.
Smartphone exports for the first six months (April to September) of 2025-26 (FY26) surged to $13.4 billion, based on industry estimates. Driven by the production-linked incentive (PLI) scheme, this marks a 59 per cent jump over the $8.5 billion exported during the same period of the previous financial year (2024-25/FY25).
GenAI smartphones are mobile devices that leverage large-scale, pre-trained GenAI models to create original content or perform contextually aware tasks.
Samsung has been facing competition from local mobile handset makers like Micromax, Lava and Karbonn but it has maintained its lead in smartphones.
A sneak-peak into all the action on the gadget and gizmo front this month.
Samsung may be the leader in the burgeoning Indian mobile market.
Buoyed by the market response to its Tizen OS-based smartphone in India, tech giant Samsung plans to manufacture the 'Z1' at its Noida facility soon.
Whoever can make acquiring smartphones more affordable will win the sales game.
While the outbreak has forced most leading brands like Apple, Xiaomi, Oppo, Vivo, and Realme to rework their launch dates and pricing strategies, Samsung, which struggled to maintain its hold over the market last year, has taken the lead.
