ZTE Grow by 20% in India
Feb 27th, due to 4G network expansion and circuit constructions by Bharti Airtel, Vodafone India and Idea Cellular, plus a USD400 million contract for wireless business, Chinese telecommunication infrastructure provider ZTE is expect to receive 20% more revenue than same period last year.
Mar 24th, Indian local officials confirm that Apple is to start manufacturing iPhones in Bengaluru within a few month. The factory jointly set up by Apple and Wistron will be makng iPhone 6, iPhone 6s and iPhone SE.
According to IDC research, Chinese mobile phone has taken 40% of market share in 30 major Indian cities. India became the 2nd largest market for smart phones in the world in 2016.