Smartphone shipments down 6% in Q3 on inflationary pressures - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Smartphone shipments down 6% in Q3 on inflationary pressures

The market tracker cautioned that the ongoing quarter will see headwinds from a steady depreciation of the rupee, which hit a record low of Rs 83.03 against the US dollar on October 20. This will put operational pressures on companies, especially with rising costs of imported components.

from Industry-Economic Times
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