Sri Lanka, May 25 -- The Sri Lanka Mobile Phone Importers and Sellers Association states that the prices of mobile phones in the country's market have increased by about 20%. Accordingly, the price of a high-end expensive new smartphone has increased by about Rs. 50,000, and the price of a basic mobile phone under Rs. 7,000 has increased by about Rs. 1,000, the association states.

Currently, the prices of mobile phones in the country's market are gradually increasing. Not only the increase in the value of the dollar, but the war situation in the Middle East has also directly affected the increase in mobile phone prices. Also, the prices of 'memory chips' used in the production of mobile phones have increased due to the war situation in t...