{"id":54942,"date":"2017-12-19T06:30:08","date_gmt":"2017-12-19T06:30:08","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=54942"},"modified":"2017-12-19T06:30:08","modified_gmt":"2017-12-19T06:30:08","slug":"apple-ups-iphone-prices-in-india-as-tax-increase-makes-imports-costlier","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/apple-ups-iphone-prices-in-india-as-tax-increase-makes-imports-costlier.html","title":{"rendered":"Apple ups iPhone prices in India as tax increase makes imports costlier"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif\">Apple ups iPhone prices in India as tax increase makes imports costlier<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Apple ups iPhone prices in India as tax increase makes imports costlier:- Apple Inc has increased the prices of most of its iPhone models sold in India after the government last week raised taxes on imported phones in a bid to boost domestic manufacturing.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Barring its locally-assembled iPhone SE model, Apple raised prices of iPhone handsets by an average 3.5 percent, according to a price sheet reviewed by Reuters.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Its priciest iPhone X model now costs 105,720 rupees ($1,646.61) for a 256 gigabyte (GB) variant, according to Apple\u2019s India website, an increase of 3.6 percent. The price of a 256 GB iPhone 8 has risen by 3.1 percent to 79,420 rupees.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">As Prime Minister Narendra Modi\u2019s government strives to boost manufacturing of phones in India &#8211; the world\u2019s second-biggest market by mobile subscriptions and among the top three countries by annual smartphone sales &#8211; it last week raised the customs duty on phones to 15 percent from 10 percent.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">That was set to make imported phones, including Apple iPhones, costlier. Some other top phone brands, such as Samsung Electronics Co Ltd and Xiaomi, assemble the majority of their phones sold in the Indian market locally.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Apple\u2019s Taiwanese contract manufacturer, Wistron, assembles the iPhone SE in the technology hub of Bengaluru in southern India.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Apple also has plans to expand local manufacturing in India but wants a range of incentives and tax breaks from the federal government which New Delhi has yet to agree to.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">An analyst said a small increase in the price of iPhones was unlikely to dent Apple\u2019s less than 3 percent market share in India, where it\u2019s seen as an aspirational brand but its steep pricing puts it beyond the reach of many.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">\u201cApple\u2019s halo as a premium brand in India cannot be taken away by this meagre price rise,\u201d said Navkendar Singh of technology researcher IDC.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Basic or feature phones still comprise a large chunk of India\u2019s roughly 750 million mobile phones, although sales of smartphones are growing faster. Alphabet Inc\u2019s Google earlier this month unveiled a new version of its Android mobile phone software with an aim to power low-cost entry-level smartphones.<\/span><\/p>\n<p><span style=\"font-size: 8pt\">Source:-\u00a0https:\/\/in.reuters.com\/article\/apple-iphone-india-prices\/apple-ups-iphone-prices-in-india-as-tax-increase-makes-imports-costlier-idINKBN1EC1OF<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/apple-ups-iphone-prices-in-india-as-tax-increase-makes-imports-costlier.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Apple ups iPhone prices in India as tax increase makes imports costlier Apple ups iPhone prices in India as tax increase makes imports costlier:- Apple Inc has increased the prices of most of its iPhone models sold in India after the government last week raised taxes on imported phones in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[110424,110428,110427,110426,6903],"class_list":["post-54942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple-ups-iphone-prices-in-india-as-tax-increase-makes-imports-costlier","tag-arts","tag-computer-and-electronics-retailers-trbc","tag-prices","tag-western-europe"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/54942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=54942"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/54942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/54960"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=54942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=54942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=54942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}