Average selling price of smartphones in first quarter in India stagnates for first time in three years: Report

The average selling price of smartphone units sold in India stagnated for the first time in three years in Q1 2024, according to data provided by the International Data Corporation (IDC), India. “Smartphone ASPs (average selling price) remained flat YoY and QoQ at $263, ending the streak of strong ASP rise for the last several quarters,” the organisation noted in its report on Tuesday.