Premium flagship smartphones are seeing heaviest discounts in the lead-up to the upcoming festive season sales, with market trackers expecting nearly 52 million smartphones to be sold during the period, raking in around Rs 1.44 lakh crore in revenues for the smartphone industry.
Nearly 38% of volume sales are likely to comprise premium 5G smartphones in the Rs 25-50K price range, while the luxe segment (Rs 50K and above) is slated to garner almost 67% of total revenues during the September\/October festive season till Diwali, according to TechArc<\/a>.