Demonetization Move Slows Down PC, Mobile Devices Market in India in CY Q4 2016: IDC
Indian government’s decision to scrap high-valued notes of Rs 500 and Rs 1000 which accounts for more than two-third of the cash stream will lead to “immediate but temporary” fall in device sales in Q4 2016, according to research firm IDC. In the mobile phones segment, IDC analysts revised the estimated sales…