In order to earn more in less expenditure, many big companies of the world make smartphones or take parts from those countries where the goods are cheap. Like Samsung makes phones in Vietnam, South Korea, China, India, Brazil and Indonesia and sells them all over the world.
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Smartphone market is very fast in the country and the world. In a country like India, there is more phone availability than the population. Companies take full advantage of this market. Sales of 4G phones were huge and most people have a smartphone in their hands. From cheap to expensive and very expensive phones are also available in the market. The kind of buyers, that kind of phones are being sold in the market. But have you ever tried to know how much does it cost to make a phone and with how much profit it is sold? This is an interesting question that everyone wants to know the answer to.
The price of a smartphone depends on many factors. It mostly depends on the core processor of the phone, how expensive and cheap the phone will be. The display, memory and camera in the phone also decide the price of the phone. It is worth noting here that the marketing, research, development, distribution, staff, accessories, packaging and software costs are separate during and after the phone is made. Adding all these expenses, it will seem that companies do not earn much on smartphones. but it’s not like that. Even after spending all, companies save a lot of money.
how much does a big phone cost
According to a report by techwalls.com, the production cost of Apple iPhone 12 Pro (128 GB) is $ 406, with a retail price of $ 999 (about Rs 74 thousand). The profit margin of this phone is around 59.36 percent. Similarly, the production cost of Apple iPhone 12 (64 GB) is $ 373 (Rs 27,600), whose retail price is more than 60 thousand rupees. The production cost of Google Pixel (32 GB) is $ 285.75, with a retail price of $ 769 or 57 thousand rupees. The production cost of Samsung Galaxy Note 3 (32 GB) is $ 232.50 (about Rs 17 thousand) and the retail price is $ 699 or Rs 51,800. The Samsung Note 3 phone is sold at retail with a margin of around 69%.
Chinese companies amazing
Chinese smartphones are seen as cheap phones in the world. These phones are cheap because phones are made in China at low cost. Wherever the phone company is, it buys goods from China, assembles it and sells it in the market under its own brand name. Apart from this, Chinese companies also sell their phones at cheap rates. Many Chinese companies put such features in their phones which are used in expensive phones of foreign brands. Their hardware is also the same as those of well-known foreign companies. Chinese phones that compete with foreign brands are very cheap in prices. This is because less is spent on software to hardware and camera, display.
How to earn more in less spending
In order to earn more in less expenditure, many big companies of the world make smartphones or take parts from those countries where the goods are cheap. Like Samsung makes phones in Vietnam, South Korea, China, India, Brazil and Indonesia and sells it all over the world. Similarly, Apple makes phones in China, and now India, and from there sells it in different parts of the world. Sony’s smartphone work is done in China and Thailand. HTC company manufactures phones in Taiwan. LG’s work runs in China, Vietnam and India. Oppo, One Plus and Vivo phones are made in China. Huawei is a Chinese company that manufactures phones in China and India. Similarly, the Millet company manufactures phones in China and India.
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