India Market Archives

Over $700M in Xiaomi Funds Unblocked by Indian Authorities

On August 19, Beijing-based Xiaomi announced its Q2 and H1 results for this year. In an earnings call, Xiaomi Group President Wang Xiang responded to the Indian tax investigation fiasco.

Xiaomi India Announces Leadership Adjustments

The Indian division of leading Chinese consumer electronics firm Xiaomi announced Friday that it will be implementing a series of organizational adjustments.

Indian Authorities Seize $725M From Xiaomi’s Local Unit Over Illegal Remittances

The Enforcement Directorate, India's financial investigation agency, on Saturday seized $725 million from Xiaomi Technology India Pvt., accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad.

iQOO Z6 Pro 5G, iQOO Z6 44W Launched in India

The Indian division of iQOO held an event on Wednesday introducing two new phones - iQOO Z6 Pro and iQOO Z6 44W.

iQOO Z6 Pro Smartphone Set for India Launch, Adopts Snapdragon 778G SoC

iQOO, a sub-brand of Chinese smartphone firm vivo, previously announced that it will release a brand-new iQOO Z6 Pro in India on April 27, equipped with a Snapdragon 778G SoC and supporting 66W fast charging.

Xiaomi, OPPO, Vivo in Talks With Indian Firms to Make Smartphones for Export

Three Chinese smartphone brands - Xiaomi, OPPO and Vivo - have started negotiations with Indian manufacturers to produce smartphones locally and then export them worldwide.

Huawei Issues Response After Offices Searched by Indian Tax Authorities

Huawei has issued a response to its offices being searched by tax authorities in the Indian cities of Delhi, Gurugram and Bengaluru, asserting that its business in India strictly abides by local law.

OnePlus 10 Pro to Be Released on January 11

On Tuesday, Pete Lau, chief product officer of OPPO and founder of OnePlus, said that OnePlus will hold a press conference at 14:00 on January 11, where it plans to release its 10 Pro smartphone.

Xiaomi Launches Redmi Note 11T in India

Xiaomi launched its Redmi Note 11T smartphone in India on Tuesday. The model is available in in Stardust White, Aquamarine Blue or Matte Black colors. Pricing starts at INR 14,999 ($199) for the 6GB RAM and 64GB storage model.

OPPO Denies Plans for 2024 EV Launch in India

News emerged that OPPO is moving into the market of electric vehicles and plans to launch its first EV in India in late 2023 or early 2024. In response to this report, employees of OPPO said that they had never heard of such a plan.

OPPO Establishes New Camera Innovation Lab in India

Chinese Smartphone manufacturer OPPO has set up a new camera innovation laboratory at its R&D centre in Hyderabad, India. This new lab is dedicated to developing functions for the Indian and South Asian markets.

Great Wall Motors’ Focus on Foreign Expansion Shifts from India to Brazil

Chinese automobile manufacturer Great Wall Motors is reportedly planning to shift portions of its $1 billion investment in India to Brazil, according to three sources cited by Reuters in a recent report.

Made for the Young, by the Young: Exclusive Interview with the Team behind realme, the World’s Fastest-growing Phone Maker

It’s a common phenomenon in many Southeast Asian countries: Young people snatch up the latest smartphone models online — but rarely are they satisfied with what comes in the mail.

Xiaomi’s Poco M2 Pro Coming to India on July 14

Xiaomi spin-off brand Poco announced it will launch its latest midrange smartphone, the M2 Pro, on Flipkart exclusively for the Indian market on July 14, starting at 13,999 rupees ($185).

China VC Weekly: Robotics, Biotech and ByteDance’s Indian Sweetheart

The venture capital landscape has been looking rather bleak for the past several weeks with COVID-19 taking a heavy toll on the industry.

Decoding ByteDance’s Strategy to tap India’s Music Streaming Market

Late last year Chinese tech behemoth ByteDance released a beta version of its upcoming music app, Resso, with the goal of tapping the music streaming market in India and Indonesia.

Xiaomi Outruns Other Smartphone Makers in YoY Shipments Growth in India

India’s smartphone shipments during the third quarter of 2019 swelled to a record 46.6 million units, representing a sequential increase of 26% and a 9.3% increase compared to the previous year.

Xiaomi Hosts Smarter Living Event in India

Chinese smart electronics maker Xiaomi hosted on September 17 a Smart Living event in Bangalore, India, where the company displayed their new IoT devices to create a connected smart home ecosystem.

Samsung Challenges Xiaomi’s Domination in Indian Smartphone Market

Smartphone shipments in India saw a three percent annual increase to 35.6 million units in the second quarter of 2019, according to a recent research report from Strategy Analytics. Chinese manufacturer Xiaomi remains the leader, with Samsung closing in and regaining foothold in the region.

Apple’s Decline in China is an Omen of Wider Problems

The warnings were clear when CEO Tim Cook released a letter to investors on January 2, 2019, revising Apple’s Q1 guidance projections to reflect a stagnating hardware business, especially in China.

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