Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge
Reported by CNBC · cnbc.com · August 20, 2026
Rising memory chip costs are reshaping the world's second-largest smartphone market as Chinese brands become expensive, improving the value proposition for Samsung and Apple.
What the tape says
What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.
Market reaction today: $AAPL +0.32%
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