September 21, 2020

Smartphone costs could rise forward of festive season as element charges hiked



Synopsis

For main smartphone manufacturers together with China’s Xiaomi, Vivo, Oppo, Realme and OnePlus who’re pre-building stock for the festive season, the element worth hike might imply a cumulative price escalation of near Rs 15,000 crore, with their gross sales for second half of 2020 estimated at 50 million models, in accordance with trade estimates.

New Delhi: Smartphone costs in India could rise with Chinese language suppliers of key smartphone elements akin to show panels and battery packs mountain climbing costs by roughly 15%. The upper price of the important thing elements – which make up some 25% of a smartphone’s worth – could result in larger costs or decrease reductions, developments which can drag vital competition season gross sales.For main smartphone manufacturers together with China’s Xiaomi, Vivo, Oppo, Realme and

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