Featurphone prices to increase after PCBA duty hike

The government announced a 20% customs duty on PCBA which currently attracts a 10% customs duty, thus encouraging local production of the same. PCBs make up about 50% of the cost of making a phone. Currently, close to 300 million units of PCBA are used annually in the country out of which 160 million are used in smartphones, according to ICEA.