65% Increase in Smartphone Prices in Turkey!
With a previous regulation, a 65 percent increase in smartphone prices is expected. Details are here!
With the new regulations on smartphone imports in Turkey, a serious increase in smartphone prices is expected.
In 2020, the Communiqué on the Implementation of Import Surveillance by the Ministry of Commerce was published in the Official Gazette and entered into force. With this communiqué, the procedures and principles regarding the prospective surveillance application in the import of goods defined as “transmitter and receiver portable wireless telephone devices” have been determined. With the decision taken at that time, it was stated that with the introduction of an surveillance application of 200 dollars per piece as a unit customs value in smartphone imports, the surveillance application would only be applied for goods below the said value. made importable.
However, the situation is that as of March 28, 2021, with the start of a new era in the import of smartphones in Turkey, with the communiqué amending the Communiqué on the implementation of surveillance in imports in 2019 numbered 2020. Mobile device numbered 2020/6 published in the Official Gazette, a mobile device with a unit customs value of less than $200 before. The value in the surveillance app in effect for their phones has been restated at $350. This shows that a serious increase in smartphone prices is expected in Turkey in the near future.
Regulation Will Seriously Affect Smartphone Prices
With the new regulation, it is predicted that an imported phone with a tax-free price of approximately 4,000 TL will increase by at least 2,500 TL. Of course, many tax items such as SCT and VAT will be added to this price, and the raw price of the phone will increase approximately 3 times.
Ertan Şensoy, Vivo Turkey Deputy General Manager, announced that the phone replacement period, which was 18 months in recent years, increased to 48 months due to price increases and economic uncertainties in the Turkish market. Noting that there will be a 20 percent increase in new imported smartphones at the first stage, Şensoy also announced that they will make a fourth band investment for 5G supported devices in the company’s factory in Gebze in the second half of this year. they plan to increase production by 20% in this way.
The new regulation seems to affect consumers’ smartphone preferences and change times. So what do you think about this subject? You can share your thoughts with us in the comment section below.