Samsung and Apple increase the value of their smartphones in India

In Spain, smartphones tend to be more expensive than in most other places, all because of the high tax burden. In particular, Samsung and Apple devices land here with steep prices. The news of the time is that everything could get worse in the next releases.

In India, where devices are priced lower than in Spain, many consumers were surprised by the sudden increase in many devices, and all this overnight.

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The change happened because the country has increased the import tax for smartphones and also some electronics, with the idea of ​​stimulating local manufacturing. However, the attitude ended up causing an increase in the value of products, especially those of brands such as Apple and Samsung.

The customs fee for smartphones increased from 10% to 15% of the total value, this extra 5% ended up being passed on to customers, which caused a significant increase in the final value of the devices.

India has several smartphone factories, and in general they produce input and intermediate devices. Top-of-the-line devices are usually imported, and with that, import taxes are included.

Now, the concern that remains is whether such changes in values ​​will end up affecting the Spanish market. Will be? We hope not!