We knew it was coming and now it’s here! With the Indian currency falling at a constant rate, the impact is reflecting on all market segments, mobile phones being no exception. Coming out as the first one to hike its product prices, Samsung has increased the rates up to 5 percent across its mobile handset product portfolio.
As per a news report, recently launched flagship Smartphone from Samsung, the Galaxy S4 will now cost you Rs. 1500 more than the previous market rate. Talking about others in the Galaxy series, price of Galaxy S3 has been increased by Rs. 1820, Note II by Rs. 2495 and the dual-SIM Galaxy Grand Duos by Rs. 1000.
As of now, no other brand has increased its prices but we are sure that Samsung will not remain the only one to increase its MRPs, soon we will surely see other players joining the league of the Korean company.