Foreign media: India plans to ban Chinese enterprises from entering the low -cost mobile phone market

According to Bloomberg News on the 8th, a non -famous source revealed to them that India is trying to prevent Chinese companies from entering the low -cost mobile phone market in India.

It is reported that "low -cost mobile phones" refer to mobile phones with a total price of less than 150 US dollars. This price mobile phone is currently the most used in the Indian market. It is reported that it is necessary to prevent Chinese companies from entering the market. Indian local mobile phone manufacturer.

The report pointed out that if the ban was officially implemented, the market share of several major companies such as Xiaomi, True and Chuanyin Mobile Phone in India in India will be greatly impacted. Bloomberg's analysts calculated that if the ban was implemented, the sales of Xiaomi mobile phones in the Indian market would fall 4-5%. Due to Xiaomi produced 66%of mobile phones with a price of $ 150 Overseas markets will have a significant impact.

However, the anonymous source did not disclose specific preventive measures, so it is not yet possible to confirm whether the Indian government will implement the ban in administrative orders or informal channels. In 2021, in the name of "protecting national security", the Indian government announced the ban on 59 Chinese APPs including Tik Tok, WeChat, and Baidu. In June this year, India officially announced that the blockbuster ban will become "permanent ban."

- END -