Apple will not raise prices in India as rupee declines

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Apple Inc. will not increase the prices for its products in India, even when the country's national currency faces the highest decrease of its exchange rate. By that decision the technology giant plans to become more competitive in battle with Samsung Electronics, which itself plans to increase prices in India. It is expected that India will become the second largest consumer electronics market by 2017.
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