India’s import tax increase could hurt Apple’s market share
<p>India will <a target="_blank" href="https://www.reuters.com/article/us-india-tax-imports/india-raises-import-tax-on-cellphones-move-to-hurt-apple-idUSKBN1E911D?feedType=RSS&feedName=technologyNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtechnologyNews+%28Reuters+Technology+News%29" rel="noopener noreferrer">raise its import tax</a> on electronics to prioritize goods manufactured in the country. The cell phone tax increase from 10% to 15% could hurt Apple’s struggling market share in the region, notes <a target="_blank" href="#" rel="noopener noreferrer"><em>Seeking Alpha</em></a>.</p>