The Chinese phone brands, are keen to establish their own NBFC which will help improve margins by allowing them to directly sell financial products to their consumers
Three firms- Apple, Samsung, and Huawei - account for 75% of global exports
Despite the government recently announcing two ambitious schemes for the sector to attract new investment, none of the companies is planning to avail them any time soon.
If the lockdown extends, the loss will be higher and could affect the entire supply chain and the channels in terms of revenue, payments as well
Xiaomi MD says move could weaken demand as smartphone makers will be forced to raise prices
Led by Xiaomi and BBK Group, the Chinese brands have invested heavily in manufacturing devices and accessories in India.
Given the maturity of smartphone users - in terms of digital content consumption, commerce, and communication - the phone has become central to people's lives, analysts said
The Vivo V17 Pro goes on sale from September 27 on Amazon, Flipkart, vivo India E-store and offline stores
The OnePlus 7T Pro is also expected to be announced at the OnePlus launch event on September 26
At Rs 16,990 for the base model with 6GB RAM and 64GB internal storage, the Vivo Z1x is seemingly one of the best-performing smartphones in the mid-range segment with a 48MP primary camera in tow
The Moto E6s launch is crucial for the company, which is looking to resurrect its identity in the budget smartphone segment it once dominated
Smart TVs have pre-installed OTT apps and other offerings which serve as a distribution channel for OTTs and earn revenues for the TV brands
The HTC Wildfire X comes in two RAM and storage configurations - 3GB/32GB and 4GB/128GB - priced at Rs 9,999 and Rs 12,999, respectively
Speculated to be named the iPhone 11, the upcoming series of smartphones might have at least three different models
The Oppo K3 boasts an elevating selfie camera, AMOLED screen, in-display fingerprint sensor, VOOC 3.0 fast-charging technology and Qualcomm Snapdragon 710 system-on-chip
Realme 2 Pro, scheduled to be unveiled in India on September 27, is confirmed to use Qualcomm Snapdragon 660 SoC and be the first Realme phone to get an 8GB RAM variant
Annual growth rate ranged between 120% (in 2013) and 14% (in 2017) - much higher than the single-digit to low-double-digit growth in feature phone shipments
Realme U1 would sport a waterdrop notch, according to a product landing page on Amazon India
Along with the Realme 3, the company might also unveil the Realme 3 Pro, which was recently teased by the company on Twitter
Priced at Rs 6,999, the Infinix Smart 3 Plus will be available in black and blue colours from April 30, exclusive on Flipkart