Chinese smartphone players to gain as Modi prepares for 5G launch: Global Times
New Delhi: Despite the Indian government’s heightened scrutiny of Chinese tech firms, the Chinese smartphone brands are expected to solidify their foothold in the country owing to booming sales in the 5G era, state-run Global Times has reported, citing industry experts.
Prime Minister Narendra Modi is set to officially announce the 5G launch on October 1 and there will be a new wave of sales in the domestic market, dominated by Chinese manufacturers.
“India’s 5G network upgrade will mean a range of opportunities for Chinese mobile phone firms, which have two-thirds of the market, leading to an expected sale of 20 million 5G phones before the year end,” the report mentioned.