Smartphone Sales: Notably, large-format retailers too are capitalising on after-market servicing, with up to 30-35% of their total gross profit coming from this segment, according to staffing firm Teamlease.
"Established industry players are increasingly embracing apprenticeship initiatives aimed at cultivating a skilled workforce. These programmes offer courses such as service engineer IT hardware, repair technician, wireman control panel electronics, and electronics mechanic, targeting students who have completed 8th or 10th grade for entry into the field," he added.
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The research firm anticipates a minimum of 16GB RAM, and processors with neural processing units capable of running on-device large language models to power the next-generation smartphones.
Premium smartphones with next-generation AI capabilities may cost more due to the components required to leverage the use of multi-modal generative AI models. These devices are expected to pack more RAM, sport more powerful processors, and include better screens and cameras. They will also feature neural processing units and the cost of DRAM is increasing.