News Snapshot:
The Indian government has no plans to restrict Chinese companies in the entry-level smartphone market, top government officials said. "We are not considering any such proposal at the Ministry of Electronics and Information Technology," said a person familiar with the development in the government, in response to reports suggesting that the government intended to restrict Chinese players from selling phones below ₹12,000. spanning the entry-level and affordable mobile phone segments in smartphones and feature phones. Chinese companies captured 63% of India's smartphone market, with the likes of Xiaomi, Realme, Oppo and Vivo taking four of the top five spots, according...
