Rich-poor gap shows up in smartphone sales as well3 min read . Updated: 16 Aug 2022, 11:18 AM IST
Other high-value categories, including cars, have shown a similar trend
NEW DELHI : The affordable smartphone segment is shrinking because of inflation, high input costs and parts shortages, even as the premium phone market expands, indicating that spending by wealthier Indians is roaring even as their poorer counterparts cut back.
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