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India seeks to oust Chinese smartphone brands from Rs 12,000 phone market

The Indian Express LogoThe Indian Express4 mo ago

India seeks to oust Chinese smartphone brands from Rs 12,000 phone market

Quick Summary

Recurring annual losses posted by most Chinese handset makers in India, despite their leading position, add to criticism of unfair competition.

It’s unclear whether Prime Minister Narendra Modi’s government will announce any policies or use informal channels to convey its preference to Chinese companies, the people said.

New Delhi has already subjected Chinese firms operating in the country, such as Xiaomi and rivals Oppo and Vivo, to close scrutiny of their finances, which has led to tax demands and money laundering allegations.


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News Analysis

Author / Journalist: Bloomberg

Category: Technology

Topics: Technology

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: indianexpress.com

Readership Location: India

Published Date: 2022-08-09, 02:32:24

News Timezone: GMT +8:00

Language: English

Original Article Length: 679 words

Reading Duration: 4 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1502041

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About Publisher

The Indian Express Logo

Name: The Indian Express

Main Topics: Technology

Official Website: indianexpress.com

Update Frequency: 1 posts per week

Last Update: 3w ago

Headquarters: India

Coverage Areas: India

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #225

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