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 smartphones

Everyone is seeking towards 5g smartphones and 5g smartphone are little costly

IDC expects 2022 shipments of around 150 million units in the coming Quarter

The major challenges going into 2023 are pricing after high inflation. 

How the company will tackle pricing and inflation both in a single go