Finance

iQOO 11 Attracts Buyers with Rs 15,000 Discount Before iQOO 12 Debut

Published November 29, 2023

As the anticipation for the iQOO 12's entry into the Indian market grows, iQOO, a brand that branched out from Vivo, has decided to tempt consumers with a significant price drop on the predecessor, the iQOO 11. Potential buyers are now able to purchase the iQOO 11 model, which comes equipped with a robust 16GB of RAM and a substantial 256GB of storage space, for Rs 51,999. This new pricing represents a substantial reduction of Rs 13,000 from its original launch price of Rs 64,999.

Intriguing Deal for Tech Enthusiasts

While this discount is poised to capture the attention of tech enthusiasts and bargain hunters alike, it's important to note that this discounted offer on the iQOO 11 is available for a limited time only. This strategic pricing move comes as part of iQOO's efforts to make space and generate excitement for its upcoming release, the iQOO 12.

Financial Landscape Impact

Such promotions and pricing strategies by consumer electronics brands not only influence consumer behaviour but can also have ripple effects in the financial markets. Investors keeping an eye on related stocks like Samsung Electronics Co., Ltd. SSNLF, ICICI Bank Limited IBN, Qualcomm Incorporated QCOM, and HDFC Bank Limited HDB, may find such market moves of interest as they can affect the overall ecosystem within which these corporations operate, including banking, semiconductor manufacturing, and broader technology investment landscapes.

ICICI Bank Limited, with its expansive range of financial products and services both in India and globally, and HDFC Bank Limited, which caters to a vast clientele with its banking and financial services in multiple regions, are particularly notable in the context of consumer purchasing power and financing options for such gadgets. Meanwhile, Qualcomm, a giant in wireless technology and a significant patent holder in mobile communications standards, may see indirect benefits from increased sales of devices powered by their technology.

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