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Average Selling Price In India For Smart Phones Sets New Record At Rs 16K

As per the latest reports, the average selling price (ASPs) of smartphones kept on ascending for the fourth sequential quarter in India, hitting an untouched high of $211 (almost Rs 16,323) in the January-March quarter, on the rear of expanded prices both for existing and recently sent off gadgets, another report displayed on Monday.

MediaTek-based smartphones had a share of 51% at an ASP of $174 (about Rs 13,461) while Qualcomm made a recuperation expanding its share to 28 percent with an ASP of $244 (almost Rs 18,870), as indicated by the IDC.

The sub-US$200 section battled as shipments dropped by 16%, yet the mid-range fragment of $200-$300 developed to 18 percent share from 14% in the main quarter.

In general, India smartphone shipments declined for the third continuous quarter, delivering 37 million smartphone units in the main quarter, a drop of 5% (YoY).

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The kickoff of the year was generally more slow as contrasted and 1Q21, because of the effect of the third rush of COVID, tight supplies particularly at the low-end price fragments, and rising expansion prompting expanding end buyer prices, the report referenced.

The pandemic-instigated flood in eTailer shares throughout the course of recent years died down with a minor drop to 49 percent in Q1, yet with 7% YoY development in shipments.

Meanwhile, in another update 2021, as per Gartner Inc, global smartphone deals became 6%, drove by South Korea’s Samsung trailed by US-based Apple. Curiously, most recent reports show that the utilized smartphone market recorded a more amazing year-on-year (YoY) development of 15%. Contradiction Research’s Global Refurbished Smartphone Tracker featured that the worldwide market for revamped smartphones experienced both a flood sought after as well as supply in 2021.

 

 

 

 

 

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