Budget-Friendly Boom: The Surprising Impact of Economic Fluctuations on the Mobile Phone Industry in Argentina

The economic situation in Argentina is affecting the mobile phone industry, causing fluctuations in sales. Although there was a decline in sales during the first quarter of 2024, there has been a slight improvement in the second quarter due to inflation decreasing. In response to this, manufacturers of entry and mid-range phones are seeing increased demand from consumers who prefer more affordable models.

Popular low-cost models from Motorola, Samsung, Xiaomi, and TCL are gaining popularity among users in Argentina and are among the best sellers on MercadoLibre. These phones are often referred to as “anti-inflation” devices because they offer good value for money at prices ranging from 250,000 to 700,000 pesos.

While these phones are sold outside of official stores and may not have warranties or approval for use on local networks, they remain popular choices for many consumers. The top-selling phones on MercadoLibre in June 2024 include models like the moto g84 5G, TCL 40SE, Galaxy A04, and Redmi Note 10c. Each of these models offers different features and specifications that cater to various user preferences. For example, the moto g84 5G has a 50-megapixel camera system while TCL 40SE has a large screen with a refresh rate of up to 90Hz. The Galaxy A