#Giveaway  on last slide

India To Ban Sale Of Chinese Phones Priced Below 150 Dollars

Scribbled Arrow

Bloomberg reports that the Indian government wants to ban Chinese handset manufacturers from selling sub- INR 12,000 (150/EUR147) smartphones in India. 

This is to push Chinese brands out of the lower segment.

Counterpoint reports that smartphones in this price range contributed to a third of India's quarter-end sales volume through June 2022. 

Chinese brands account for as much as 80% of those shipments. 

Since they sell many smartphones under $150 in India, this move will most likely affect Xiaomi, Realme and Transsion.

In India, it is illegal for Chinese brands to sell smartphones under $150. 

This is done to give local players like Micromax and Lava the opportunity to increase their sales and regain market share.

Both companies accounted for less than half of India's smartphone sales. 

However, they were soon overtaken by Chinese brands that offered better specs and lower prices. 

Counterpoint found that Xiaomi, Samsung and Vivo were India's top five smartphone companies during Q2 2022. 

Oppo was the only non-Chinese brand on the list. We have yet to hear from the Indian government about this. 

Still, this news comes as Chinese smartphone brands Oppo, Vivo, and Xiaomi are monitored by the Indian government for illegal business activities, including tax evasion and money laundering.