If the report is to be believed, then the price of the budget smartphone will increase from October to December. In such a situation, buying a smartphone in the Diwali sale in October will be the best option. Whereas if you buy a smartphone after Diwali, then you will have to pay Rs 500 to Rs 700 more for a smartphone of Rs 10,000.
What is the reason for the increase in the price of the smartphone?
Now the question arises that why are the prices of smartphones going to increase till December, then let us tell you that the rupee is depreciating continuously against the dollar. In such a situation, the input cost of the companies will increase. Companies say that the import of smartphone parts is costing more. Due to this, it will be compulsion for the smartphone manufacturing companies to increase the price of the smartphone.
Why is the price not increasing immediately?
Smartphone companies already have a huge stock for the Diwali festival. In such a situation, after the end of this stock, the price can be increased by the smartphone companies. The US government has also announced a ban on importing parts from China. In such a situation, the price of the smartphone is likely to increase in the coming days. Also, smartphone production is also likely to be affected.