Smartphone makers face fading demand, expect festive season boost
By
Biju Kumar
New Delhi: Mobile phone sales are expected to remain flat for another 2-3 months, as smartphone makers – who have only recently overcome import hassles – face the prospect of fading pent-up demand for devices.
Brands, retailers and industry watchers said they expect demand to revive only during the festive season, which in India typically begins in October.