China-Indian Borders Clashes Haven’t Dented Xiaomi’s India Performance
As the increasingly serious, yet somewhat opaque, border clashes between Super-powers India and China escapes extreme scrutiny within the current period’s psychotic news-cycle, Chinese giant Xiaomi has advised that “Till now, we are not seeing any major impact on our business, with respect to sales or demand ” Xiaomi is India’s top smartphone maker and owns about 30% of the market currently, according to data from Counterpoint Research. In fact, apart from Samsung, the rest of the top five phone makers in the Indian market are Chinese firms. Read more…………..
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Xiaomi India’s managing director Manu Kumar Jain addresses the business impact from the coronavirus pandemic, ongoing tensions between China and India, as well as the company’s 5G rollout plans.