Tag Archives: 30.5

Demonetisation Triggers 30.5 Percent Drop in Smartphone Sales in India: IDC

Owing to demonetisation and subsequent cash crunch, smartphone sales fell by a whopping 30.5 percent (month-on-month) in November over the October festive season, market research firm International Data Corporation (IDC) revealed on Tuesday. Indian vendors were hit most due to demonetisation with a drop of 37.2 percent in November as compared to Chinese players with 26.5 percent drop and global ... Read More »