For a long time, Chinese smartphone manufacturers have regarded the Indian market as "fragrant", and Chinese mobile phones have a large market share in India. Recently, another piece of news has come out, which means that the cooperation between Chinese and Indian enterprises has once again deepened.
On March 10, US media reported that China's three major smartphone brands Xiaomi, OPPO and vivo are negotiating with Indian manufacturers to help locally produced mobile phones go global. This means that India will become a more complete electronics manufacturing hub in the future.
On December 15 last year, Indian officials said they would set aside $10 billion (about 63.2 billion yuan) for an incentive plan in order to attract semiconductor and display manufacturers from around the world to stay in India and build India into a global electronics production center. In addition, India will approve the semiconductor industry incentive plan to support local semiconductor companies, increase employment, and attract overseas investment.
Analysts believe that India was once one of the world's most important electronic manufacturing powers, and after years of accumulation, India gradually has the strength of semiconductor development.
However, it is still difficult for India to achieve a foothold in the semiconductor industry. India's lack of reliable electricity supply, insufficient water supply, lack of high-tech talents, etc., are all difficulties facing India.
In addition, although there are many chip design practitioners in India, the work they are engaged in is only simple assembly and manufacturing, which cannot meet the needs of semiconductor production. India also has a strong shortage of programmers and people who can manage chip factories.
However, the addition of China's three mobile phone giants is expected to improve this dilemma. Chinese smartphones account for 75% of the market share in India, which can be said to be the largest part of the Indian mobile phone market. This time, the deepening of cooperation between China and India will be a milestone cooperation.
China is the world's largest producer and consumer of smartphones, with well-established manufacturing technology that can make up for India's shortcomings. India has introduced a $10 billion incentive plan, which is even more attractive to Chinese companies.
At present, OPPO and Vivo have begun negotiations with Indian enterprise lava, and Xiaomi is also approaching Dixon.
I don't know what kind of wonderful cooperation these enterprises will create in the electronics industry?
Wen | Zhao Jinjie title | Zeng Yi | Li Zeju