Over the past couple of years, shortages of semiconductor chips, due among other factors to the impact of the Covid-19 pandemic, have forced global automakers to scrap production plans for millions of cars. Shortages are now easing, but at a new and permanent cost to the car companies.
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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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