News Snapshot:
Indian mobile brands in 2015, held a 43 per cent smartphone market share, but by 2018, their market share got reduced to a single-digit share. The reason can be attributed to Chinese smartphones being a huge hit in India due to their extremely low price. However, these Chinese Mobile brands are now in the deep water, as Xiaomi and Oppo— the prominent mobile brands, are facing the prospect of being fined, and it will reflect badly on Chinese mobile giants in India. Chinese mobile giants slapped with fines over Rs 1000 crore Xiaomi and Oppo might be slapped with fine...
