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Mobile prices , Hike ?

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Mobile phone prices in India are expected to go up once again in the coming days following the imposition of a 10% import duty on display panels. According to industry body, ICEA, smartphone vendors are expected to raise their prices by between 1.5% and 5% following the development. The new tax regime, which went into effect October 1st, is being applied under a phased manufacturing program (PMP) announced in 2016 in consensus with the industry.

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