Chinese Smartphone Manufacturers Are at the Eye of Many Storms
Due to dwindling global market share,
Chinese smartphone companies
are reducing shipments from India.
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“
Chinese brands are only thriving in India.
” Even in China, there is mounting criticism after Huawei’s market takeover.
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“They have no presence in the US market,” a senior executive in the mobile phone business told ET.
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“They are also being pushed out of Europe after being sued for royalties by Nokia, and Japan does not favor Chinese products.”
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Xiaomi, too, has hired Dixon Technologies to begin local production to export mobile phones from India.
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The combined market share of Chinese brands, on the other hand, has remained either flat or declining across key markets such as Europe (35%)
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