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Thursday, July 30, 2020

June smartphone imports soar to 3-year high of Rs 2,225 crore by value

Market experts expect the imports to soar even higher for July as the rollover impact of the 10-day backlog caused by customs scrutiny of imports of phone parts in the last week of June caused a near washout in production for Chinese brands like market leader Xiaomi, Vivo, Oppo and Realme, who dominate the world’s second largest smartphone market.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2P9lYR0

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