Articles for tag: Consumers, Embrace, Lakh, Luxury, Price, Smartphones, Surge, Tag, Trend

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Luxury Smartphones Surge: Consumers Embrace Rs 1 Lakh Price Tag Trend

Luxury Smartphones Surge: Consumers Embrace Rs 1 Lakh Price Tag Trend

Despite high price tags, the demand for smartphones costing over Rs 1 lakh is increasing, driven by rising average selling prices, better financing options, and a wider range of products. Currently, this premium segment represents only about 1% of the overall smartphone Market, but it is expanding more rapidly than other categories, even as overall ...

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