India to See Record Smartphone Sales at $7.6 Billion in Festive Season 2021
At a time when the global smartphone industry is facing component and chip shortages, the festive season in India is set to witness a record smartphone sales at $7.6 billion (nearly Rs 56,880 crore), with the retail average selling price (ASP) growing by 14 percent to reach its highest ever at $230 (a little over Rs 17,000), a new report showed on Thursday.