The new goods and services tax (GST) will have no impact on the smartphone demand in India, according to a latest telecom research. German research firm GfK found that smartphone demand in India remained resilient in 2017, having levelled out slightly to 14% year-on-year.
“GfK expects the recently announced goods and services tax (GST) will have no impact on smartphone demand in the country. GfK forecasts overall smartphone demand in the region will total 234 million units in 2017, an increase of 11% year-on-year,” the research said. Global smartphone demand totalled 347 million units in 2017, up 4% year-on-year. This makes it the strongest second quarter on record, the research found.

The new goods and services tax (GST) will have no impact on the smartphone demand in India, according to a latest telecom research. German research firm GfK found that smartphone demand in India remained resilient in 2017, having levelled out slightly to 14% year-on-year.
“GfK expects the recently announced goods and services tax (GST) will have no impact on smartphone demand in the country. GfK forecasts overall smartphone demand in the region will total 234 million units in 2017, an increase of 11% year-on-year,” the research said. Global smartphone demand totalled 347 million units in 2017, up 4% year-on-year. This makes it the strongest second quarter on record, the research found.