The average selling price of smartphone jumped 15 per cent year-over-year
The price rise impacted the shipment of mobiles by 10%
The average selling price has grown consistently for the past eight quarters in a row due to increasing costs
The IDC said that this situation may get more worst in Q4
Rising inflation and high demand for chips have increased the prices of smart
phones
Everyone is seeking towards 5g smartphones and 5g smartphone are little costly
IDC expects 2022 shipments of around 150 million units in the coming Qua
rter
The major challenges going into 2023 are pricing after high inflation.
How the company will tackle pricing and inflation both in a sing
le go