The price hike on the Samsung Galaxy Note 2 and Samsung Galaxy S3 we reported having taken place recently in India has now had its effect on e-commerce sites such as Flipkart.
When Finance Minister P. Chidambaram pronounced a six percent increase in the excise duties as stipulated by the Union Budget 2013-14 on mobile phones, the price of smartphones such as the Samsung Galaxy Note 2 and Samsung Galaxy S3 went up as a result.
Other smartphones in India have seen the same price increase.
Online retail site Flipkart is now offering the Samsung Galaxy Note 2 for Rs. 36,645, which is a relatively sharp increase, up from its recent Rs. 35,500 before Chidambaram's excise duties increase, according to Ciol.
Flipkart isn't alone in the raising of smartphone prices for the likes of the Samsung Galaxy Note 2 and Samsung Galaxy S3. Tradus was selling the Samsung Galaxy Note 2 for about Rs. 34,990. Now the price of the smartphone is Rs. 35,500.
Previous to the price hikes on smartphones brought on by Chidambaram's excise duties increase in the Union Budget 2013-14, the prices for Samsung's Galaxy Note 2 and Galaxy S3 had actually been "slashed" in India, Ciol says, noting that the Galaxy Note 2 had been selling in stores for Rs. 34,990. The Galaxy S3 had been retailing in stores for Rs. 28,990. On Flipkart, the Galaxy S3 is now as much as Rs. 30,345.
What do you think about these price hikes of the Galaxy Note 2 and Galaxy S3? Something we should be worrying about in the States, too, or will the trend remain outside of this country? Or are you in India and worrying that prices might keep increasing? Let us know your feelings in the comments below!
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