Diwali Smartphone Sales Reportedly Decline 20 Percent as Rising Prices Hit Consumer Demand

India's offline smartphone market is said to have witnessed a subdued Diwali festive season. A new report suggests that handset sales volumes fell, with steady footfall at retail stores. While several brands, including Apple and Motorola, reportedly saw healthy demand, others are said to have struggled to convert festive interest into sales. Retailers have also flagge...