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- Smartphones to Get Further Expensive in 2023
- Jio, Vi, Airtel, BSNL Will be Audited for Differential Offerings to MNP Users
- Airtel Payments Bank Offers Three Rewards123 Subscription Plans
- Reliance Jio Offering Rs 2000 Worth of Recharge Benefits with Moto G42
| Smartphones to Get Further Expensive in 2023 Posted: 04 Jul 2022 10:15 PM PDT
Smartphones today are more expensive than they should be. This is because of the rise in the cost of chips and other components. Now, as per a Bloomberg report, the cost of chips is going to go up further in 2023. A key supplier to TSMC (Taiwan Semiconductor Company), Showa Denko K.K., a Japanese chemicals company is expecting to raise prices further and cut down unprofitable product lines. There have been multiple hikes already in 2022. A lot of things, such as the supply chain issues which the coronavirus pandemic created as well as the Ukraine war, has led to the rise in the cost of components and chipsets. Will TSMC Raise the Price of Chips?If the cost of manufacturing the chips goes up significantly, TSMC's profits will be squeezed if it keeps selling at the same rate. Thus, there is no doubt that the company will raise the cost of chips for customers in 2023 as well. This is also partly because of the very few players in the market who manufacture chips. India is currently in the process of setting up infrastructure for inviting semi-conductor manufacturers into the local market. That would help with seamless smartphone and other electronics manufacturing ecosystem to be developed within India as the PLI (Production Linked Incentive) scheme is inviting TV manufacturing, semi-conductor manufacturing, display manufacturing, smartphone manufacturing and more locally. The report mentions that Samsung and TSMC have already notified their customers that they intend to raise the price of chips. A rise in chipset costs will ultimately hurt the end consumers as they will have to pay more for smartphones and other electronic goods. Consumer electronic manufacturers were cutting down on other quality aspects of their products to accommodate the expensive chipset in the product and still keep its price in check. Just how big a hike it would be is something that we are yet to see. |
| Jio, Vi, Airtel, BSNL Will be Audited for Differential Offerings to MNP Users Posted: 04 Jul 2022 08:15 PM PDT
None of the telcos want to lose their customers. Be it the operator at the top or the operator at the bottom, everyone values their customers just the same. Thus, when the consumers put in the MNP (Mobile Number Portability) request, the telcos try to do their best to stop them from leaving their network. Because of this, quite often the telcos have been accused of offering differential pricing to MNP customers. It is the job of the sector regulator – Telecom Regulatory Authority of India (TRAI) to stop this from happening. Thus, according to an ET Telecom report, TRAI is working on the process of finalising auditors who will look into the telcos including BSNL (Bharat Sanchar Nigam Limited) and MTNL (Mahanagar Telephone Nigam Limited) and determine whether they have offered differential pricing to the MNP customers. Neither Telcos nor Their Channel Partners Can Offer Differential OfferingsThe rules are laid out pretty clear. None of the telcos or their channel partners is allowed to offer differential offerings to the consumers. As per the report, TRAI is looking to hire multiple auditors so that they can look into the offerings of the telcos in multiple licensed service areas (LSAs). TRAI had clearly said that the telcos can only offer plans that have been already submitted before the regulator. This is to ensure that all the plans are completely compliant and fall under the existing regulatory framework. However, the telcos have been accused of offering lucrative plans to MNP customers to stop them from leaving their network. Customers in India today can port out very easily to the network of other telecom operators. All the users need to do is just text a port out SMS to 1900 with this format – 'Port' followed by a space and the ten-digit mobile number that needs to be ported. This will set the ball rolling for the consumer to port out to the other telcos. |
| Airtel Payments Bank Offers Three Rewards123 Subscription Plans Posted: 04 Jul 2022 06:42 PM PDT
Bharti Airtel, the second-largest telecom operator in India, has a subsidiary called Airtel Payments Bank. Customers of the Airtel Payments Bank get something called Rewards123. Through Rewards123 subscription, Airtel Payments Bank (APB) offers many benefits to the customers when they transact online/digitally. Once users purchase the Rewards123 subscription, they become eligible to earn consistent rewards every month, which includes monthly cashback on several kinds of transactions. There's a Platinum Online Mastercard Debit Card as well that is given to the customers. There are several plans Rewards123 plans that you can purchase if you are an Airtel Payments Bank customer. Let's take a look at all of them. Airtel Payments Bank RewardsMini PlanThe RewardsMini plan offered by the APB comes for Rs 99 per quarter. With this plan, users get cashbacks up to Rs 80 per month on loading money to the wallet, shopping and paying bills online. There's a free virtual debit card (SBA)/Classic Prepaid Card (wallets). Users also get the facility of unlimited deposits with a sweep-out facility. But then, there are two Rewards123Plus plans. Airtel Payments Bank Rewards123+ PlanThis Airtel Payments Bank Rewards123+ plan comes for Rs 299 per year. The benefits of this plan are the same as the RewardsMini plan meaning users get up to Rs 80 cashbacks on several things along with a free Platinum Virtual Debit Card (SBA) and Class Prepaid Card (wallets). Again, with this plan, users get unlimited deposits with a sweep-out facility. Airtel Payments Bank Rewards123Plus PlanThis is the most expensive APB subscription plan. The Rewards123Plus plan comes for Rs 499 per year. The only difference between this plan and the Rewards123+ plan is that this one comes with a free subscription to a one-year Disney+ Hotstar Mobile subscription. These plans can benefit the existing Airtel Payments Bank customers. The banking subsidiary has already become profitable for Bharti Airtel, and with plans such as these, the company is only going to grow further. |
| Reliance Jio Offering Rs 2000 Worth of Recharge Benefits with Moto G42 Posted: 04 Jul 2022 06:42 AM PDT
Reliance Jio, the largest telecom operator in India, is offering Rs 2,000 worth of recharge benefits to consumers on the purchase of Moto G42. The smartphone was launched today for Rs 13,999 with 4GB of RAM and 64GB. There's a 6.4-inch AMOLED FHD+ display, and the device is powered by the Qualcomm Snapdragon 680 octa-core processor. There's an assured upgrade to Android 13 with three years of security updates. If the consumers purchase this device, they can get up to Rs 2,000 worth of cashback from Reliance Jio. Take a look at the offer in detail below. Reliance Jio Cashback Offer with Moto G42Reliance Jio will offer Rs 2,000 worth of cashback coupons to users if they have purchased the Moto G42. The device will go on the first sale from 12 PM, July 11, 2022. There will be forty coupons of Rs 50 each that users will be able to apply on their recharges. These coupons will be valid till May 31, 2030. Note that to be eligible for the offer, the customer will have to activate the device on the Reliance Jio network. Further, the eligible recharge for this offer is Rs 419 plan offered by the company. Also, note that postpaid consumers will not be able to benefit from this offer. The discount coupons offered to the consumers will be going on their MyJio app, through which customers can utilise them while recharging through the Jio's website or mobile app. On each recharge, a maximum of one coupon worth Rs 50 will be applicable. While the users will be able to save Rs 2000 in the long run through these coupons, they will be only able to save Rs 50 on a single recharge. Eligible customers will also get a discount of Rs 549 on the annual subscription of ZEE5 Premium on the purchase of Moto G42. The smartphone will go on sale via Flipkart. |
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