Exports of smartphones in 2023 top $2 billion in the first two months

Exports of smartphones in 2023 top $2 billion in the first two months.

Apple and Samsung, bringing the total export value to over $9 billion since April 2022 as manufacturers increased production and outbound shipments.

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Smartphone shipments between April 2022 and February 2023 increased by two times.

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ICEA and ICRIER study predicts that local value addition will be about 25% by the conclusion of the current fiscal year.

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