Chinese companies may have to exit sub-Rs 10,000 mobile market Business Standard News

The government is busy strategising ways to revive the domestic mobile device industry as Chinese firms have grabbed a large chunk of the handset market. The idea is to minimise competition from Chinese mobile players in the entry level or sub-Rs 10,000 category, according to a senior government official familiar with the plans. Chinese companies may have to exit sub-Rs 10,000 mobile market Business Standard News comes via ChinaTechNews.com.