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