According to a recent report by Counterpoint Research, the Indian market for budget smartphones is significantly slowing down. Many people are choosing to hold off on purchasing new smartphones, unless they are looking for a premium experience. However, sales for premium smartphones — priced at Rs 30,000 or more — have not slowed down at all. In fact, the premium segment now dominates the total smartphone market. There is no product more premium than a “Pro” iPhone model or a foldable smartphone. Samsung has been focusing on foldables since 2019 and has seen great success, particularly in the second half...