#iprice report

In a July report of iPrice Insights Team—an e-commerce aggregator—showed that smartphones are the 'least affordable' in the Philippines, Vietnam, and Indonesia. The report compared the average pricing of four smartphone makers (Apple, OPPO, Samsung, and vivo) on their low-end, mid-range, and high-end devices with the average monthly salaries of select SEA countries, namely Vietnam, Indonesia, Philippines, Malaysia and Singapore. [caption id="attachment_315974" align="alignnone" width="583"] Infographic/ IPrice[/caption] "High-end models are simply out of reach for many, costing from three (3) to six (6) times monthly salary," the report said. Although, iPrice noted out that their study on affordability of smartphones is not just derived from the levels of income but also the varying pricing of the smartphones in SEA markets. "Although Southeast Asia is one of the mobile-first online shopping regions, the price of mobile phones is not friendly to its people," the report said. Pangilinan reported that its net income declined by 35% to P22.1 billion in 2015. The display is also reportedly larger at 6.83-inches and 144Hz refresh rate, so battery capacity has been upped to 7,000 mAh to accommodate. Read more in our articles including "iPrice: Smartphones are 'most unaffordable' in PH among other countries in SEA" and "PLDT down 35% in net income, lost 5M subs to Globe in 2015".