AI-driven memory crunch jolts India’s smartphone market
- AI chip demand is driving up smartphone memory costs worldwide
- India's shipments fell 10% year-on-year, hitting budget phones hardest
- OnePlus is pulling new launches from Europe and North America
India's smartphone market is experiencing a sharp downturn as a global shortage of memory chips, driven by surging AI data centre demand, pushes up handset prices. Manufacturers such as Samsung, SK Hynix and Micron have redirected production towards high-bandwidth memory used in AI accelerators, which is far more…







