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Xiaomi: Phone companies press the crackdown button on deep online discounts, ET Telecom

After complaints from retailer associations, brands including Xiaomi and Realme are repurchasing stocks selling at lower prices to trace back the retailer and distributor and penalise them, according to correspondence between the two parties ET has seen.

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Retailers say Samsung's upgrade offer exposes them to compliance risks, ET Retail

Many mobile phone retailers are facing trouble due to Samsung's new "smart upgrade offer." The retailers allege malpractices in the ongoing device exchange offer that is exposing them to risks in regulatory compliance. In response, Samsung has taken corrective measures.

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Retailers say Samsung's upgrade offer exposes them to compliance risks, ET Telecom

But retailers allege company's "smart upgrade offer" not only jeopardises customer privacy, but the scheme's clauses place responsibility of all wrongdoing on the retailers. According to the upgrade offer scheme, a copy of which ET has seen, Samsung has outlined retailers should be the ones engaging in trade of used mobiles collected as part of exchange offer.

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4g Phones: Retailers ask cos to cut 4G phone price, Retail News, ET Retail

4g Phones: Demand for 5G smartphones, particularly in the sub-₹15,000 segment, is expected to surge with multiple new launches lined up in December. "The advent of 5G technology, coupled with affordable pricing and robust government initiatives, has created a palpable demand among consumers for the latest technological offerings," the All India Mobile Retailers Association (AIMRA) said.

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Mobile retailers urge Xiaomi to cut prices and provide higher margins to clear 4G handset stocks, ET Telecom

Xiaomi: AIMRA said that providing retailers with higher profit margins on 4G products will encourage them to prioritise selling existing inventory and facilitate a faster turnover.

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Smartphone shipments rise up to 8% during festive season, Telecom News, ET Telecom

Smartphone Shipments: The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season.

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Replacement Demand: Smartphone shipments rise up to 8% during festive season, ET Retail

Replacement Demand: The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season.

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G20 Summit: Supply chain disruption may impact mobile phone shipments and sales, ET Retail

G20 India: "The event is expected to impact the supply chains of various brands whose stocks are sourced from Noida and Delhi factories. As a result, there may be delays in receiving mobile phone shipments during this period," the All India Mobile Retailers Association that represents 1,50,000 mobile phone retailers across the country told its members.

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G20 Summit: Supply chain disruption may impact mobile phone shipments and sales, ET Telecom

G20 News: The retailer body advised retailers to closely monitor their stock levels and take appropriate measures to capitalise on this situation. "By actively promoting and incentivising the sale of ageing inventory, as well as the hot-selling products covered by MOP (Minimum Operating Price) and insurance, you can maximise your profits during this period," the association said in an advisory.

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Samsung: Smartphone retailers say Rajasthan scheme will push them into losses, ET Telecom

Samsung: The distribution of smartphones is being handled by two agencies, bypassing an already robust distribution network set in place by the retailers, they said.

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