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Economy News

The Economic Times

Economy / The Economic Times

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Despite price hikes, smartphone demand stays strong

Most smartphone users will still buy devices despite ongoing price increases. Young users aged twenty-five to thirty are willing to pay more for their desired phones. Older users over fifty will stick to budgets or buy refurbished devices. Some consumers will delay purchases and keep using their current handsets. Brands offering balanced portfolios and affordability options will benefit.

24 Jul 2026 8:23 pm