Smartphone Price List in India: After remaining calm for some time, the corona virus has started raising its head again. The direct impact of the re-increasing cases of corona can be seen on the prices of electronic goods like smartphones, smart TVs, laptops. Lockdown has been imposed again in many cities of China due to Corona infection. The lockdown following a fresh surge in coronavirus cases in China’s tech hub Shenzhen region could push up prices of TVs, laptops and smartphones, as the region is one of the world’s largest suppliers of electronics products. is one.
According to Navkendra Singh, Research Director of International Data Corporation (IDC), about 20 to 50 percent of India’s supply of electronic components comes from Shenzhen, China. He said that if situations like corona infection and lockdown arise again, then surely its effect will be seen on all types of electronics products. The cost of products is rising and the burden of rising prices will be directly on the consumers.
Navkendra Singh said that if the lockdown in Shenzhen city goes beyond three weeks or more, it will affect shipments of smartphones and personal computers in the June quarter as well as the September quarter.
effect of lockdown
Tarun Pathak, director of research at Counterpoint Research, has said that if the lockdown extends beyond March 20, prices will start rising. Smartphone prices may increase by 5-7 percent.
Experts say that the price of products and freight rates have increased in the last one year, which means that most of the brands may not be able to bear the cost pressure of new and they will pass this pressure on to the consumers. Experts say that if the corona infection increases more, then its effect will reach the consumers. Because companies are already under the pressure of rising inflation.
stuff can be expensive
According to Sanchit Vir Gogia, Chief Analyst, Greyhound Research, the extent of the price impact will depend on how long the lockdown lasts. He said that if this problem is resolved by the coming quarter, then around 10-15% growth can be expected. Analysts say that barring Apple, most smartphone brands operate at a marginal profit of 2-3%.
Arjun Bajaj, director of Videotex International, a television maker under the Daiwa brand, says raw materials like high-impact polystyrene (HIPS), acrylonitrile butadiene styrene (ABS) and copper have increased in prices. HIPS and ABS are used for the electronics housing. The Russo-Ukraine war has also pushed up the prices of neon and palladium, two important components of semiconductor supply.