The performance of the mobile phone sector comes against the backdrop of three devastating Covid waves, loss of workforce, lockdowns and the worst ever crisis on the supply chain, including acute scarcity of chips and semiconductors. The export of mobile phones from India is primarily driven by Apple and Samsung.
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The average selling price of an smartphone has fallen by 2 per cent to reach Rs 11,500 in the India market, with 84 per cent of shipments no...
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