Whalesbook
Smartphone production in India has declined following the festive season, with Android phones seeing a substantial drop in October. Component imports for handset assembly have been pared back by manufacturers like Dixon Technologies, indicating a production cut. Analysts attribute this trend to post-festive normalization, large inventory pile-ups with dealers, and increased component costs, particularly for memory chips. Apple remains an outlier, with its suppliers seeing a sequential drop but overall production up year-on-year, serving Western market demand.