The latest devaluation of Rupee against the dollar is also going to affect the mobile prices in Pakistan. Samsung Pakistan is increasing prices not just for its smartphones but for other devices in the country as well due to the Rupee’s fall against the dollar.
In case, you’ve been planning to get a Samsung phone then you should take a look at the new prices by Samsung.
Well, it’s not just minor price hack as he price changes are pretty noteworthy. Moreover, Samsung is the first mobile phone company to go for a price climb after the Rupee’s latest fall against the dollar.
On the other hand, the new price hack would be applicable on all phones, including flagships and midrangers.
After the increment in price, Samsung’s recent flagship, Samsung Galaxy Note 9 now has a priced at Rs. 139,999. Not to know, the previous price of Note 9 was Rs. 129,999. It means now you will buy it Rs. 10,000 up from previous price tag.
Here take a look at new lis of prices of other phones:
Galaxy J4+ — Rs. 23,499 to Rs. 24,999
Galaxy J6+ — Rs. 29,499 to Rs. 31,499
Galaxy J4 — Rs. 18,499 to Rs. 19,999
Galaxy J6 — Rs. 25,999 to Rs. 27,999
Will other brands follow the same decision?
For now, there is no clear indication whether Huawei and Honor plan on hiking the prices. However, a local report states that Honor it won’t be increasing prices for its series for another month or so.
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Due to the recent down fall of Rupee’ value, smartphone industry is not the only one that gets affected by exchange rate changes. Many other major industries in Pakistan like the automotive sector also announce crucial price changes when Rupee’s value falls.
The reason behind this high price charge is less localization; as a result the companies have no choice other than to import components from overseas.
If the exchange rates are higher, the cost per unit boosts, due to which the overall price needs to be adjusted to balance out the profit margin for an item.
In a recent move, Toyota Indus has stopped taking bookings for new cars, as it would be difficult to continue selling vehicles at an greater than before cost per unit. Their cost raise is also being credited to the currency’s decline in currency value
