The camera of the entry-level Apple iPhone 7 variant, which is priced at ₹60,000 in India, costs the company only ₹1,740 per unit to make, according to analyst firm Chipworks. While the battery costs ₹270, the touchscreen costs ₹2,475, and the memory and storage cost about ₹2,540. Notably, over 90% of smartphone owners use their devices as cameras.
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