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Anti-China mood no hurdle for electronics brands

February 17, 2022
Source: justbureaucracy.com justbureaucracy.com
News Snapshot:
Anti-China mood no hurdle for electronics brands Three of the largest Chinese electronics companies in India – Xiaomi , Lenovo and Vivo Mobiles – have emerged largely unscathed from widespread anti-China rhetoric and government actions against Chinese businesses since the 2020 border clashes between the two countries. Computer maker Lenovo increased its sales in India year-on-year in 2020-21 while smartphone makers Xiaomi and Vivo reported marginal fall in sales, according to latest regulatory disclosures they made to the Registrar of Companies (RoC), accessed through business intelligence platform Tofler. In fact, Lenovo grew its business despite not receiving a clearance from...
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Tags: ban | boycott | Business | business intelligence | China | Chinese | computer | Covid-19 | financials | Gadgets & Electronics | government | IDC | India | Indian | IT | Lenovo | manufacturing | mobile | procurement | revenue | Samsung | smartphone | social media | technology | Xiaomi

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