Sharp rise in prices of smartphones burdens consumers in Karachi
• Average cost of mobile phone with 4GB RAM and 64GB storage has risen to around Rs40,000 compared to Rs22,000 a few months ago • Dealers say while govt taxes have not increased significantly, rising cost of chips is affecting rates of new handsets • Market survey shows lower, middle-income groups hit hardest • Consumers say abrupt price hike hampers connectivity in digital age KARACHI: A sharp…
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