Smartphone mkt crashes 51% on supply chain woes

The coronavirus-induced lockdown and subsequent crunch in parts supplies from China due to border tensions saw the Indian smartphone market contract by 51% in the April-June quarter. Any hopes of a credible revival now rest on the second half, especially the festive period in September-October.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/33RnHTZ

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