Xiaomi will soon have hard times
India and China both are one of the largest smartphone markets in the world. It has been dominated by Chinese manufacturers in previous years, but the Indian local company Reliance Jio is set to fight back its Chinese counterparts and trying to dominate it with an Android smartphone that will retail for around $50.
Reliance has ordered local suppliers to increase the manufacturing capacity in India to boost smartphone production to more than 200 million units over the next two years, according to the TimesofIndia. Sources suggest that this will boost India's technological ambitions and intensify competition with large Chinese players like Xiaomi. The latter is the leader in the Indian smartphone market.
Reliance Jio is currently in talks with various domestic assemblers to create the highly affordable Jio Phone line, which will run Android and cost just INR 4,000 or $54.
It should be added that Jio is the leading telecom operator in the country of Southeast Asia, and is also actively working on the development of 5G networks soon may become available in 2022 in India.
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