According to the most recent data from Counterpoint’s Made in India service, shipments of “Made in India” smartphones increased 16% YoY in Q2 2022 (April to June) to reach over 44 million units. In order to achieve the requirements for PLI incentives, the enterprises pushed for better output during the first quarter of the new fiscal year. In Q1, 2022, global smartphone chip shipment fell 5% year-on-year. Continue reading “‘Made in India’ smartphone shipments grew 16% YoY in Q2 2022: Counterpoint”