Samsung's FY26 Q1 exports fall 20% as PLI benefits end; Apple, Dixon may be next

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Samsung's smartphone exports from India witnessed a nearly 20% year-on-year decline in the first quarter of FY26, potentially due to the expiration of production-linked incentive (PLI) scheme benefits. Industry experts caution that without these incentives, Samsung, along with Apple and Dixon Technologies, may struggle to maintain export competitiveness.