Indian Govt Doesn’t Want Chinese Companies Winning in Super Affordable Smartphone Segment
India wants to stop Chinese smartphone manufacturers from selling products for less than Rs 12,000 in an effort to revive its flagging local industry, which will hurt companies like Xiaomi. According to those with knowledge of the situation, the initiative aims to drive Chinese companies out of the second-largest mobile market worldwide's lower segment. Bloomberg said that they claimed, while requesting anonymity, that it corresponds with growing worries about high-volume... Read More