Facebook, Jio, and Samsung see new opportunity amid India's ban on Chinese apps - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The absence of WeChat, TikTok, and other Chinese apps in India could help Facebook and Jio realize their super app ambitions

eMarketer. The absence of such competitors will help Facebook and Jio carry out an unprecedented land grab within the Indian digital services market.

The ban on apps from Chinese developers represents one of India's biggest retaliation against Chinese tech companies, and it could precede bans across other tech sectors. The rising tensions between India and China could result in further economic disengagement. In particular, India represents one of the largest markets for China-based smartphone vendors, and the Indian government undoubtedly understands that this creates a powerful bargaining chip in negotiations with China.

China-based smartphone vendors Xiaomi, Vivo, Realme, and Oppo together accounted for 73% of smartphone shipments in India in Q1 2020, Counterpoint research. Retaliatory measures such as higher import tariffs on these players would be a major boon to South Korea-based Samsung, which accounted for 16% of India's Q1 2020 smartphone shipments.

amount of money in India's tech economy, and further provoking Beijing could slow India's overall economic development.Join other Insider Intelligence clients who receive this Briefing, along with other Connectivity & Tech forecasts, briefings, charts, and research reports to their inboxes each day. >>

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Or will there be a new consumer tech gaint ? India has - - highest mobile-first users - lowest consumer data rates - wide spread IT skills - growing incubators Will this disruption lead to more than just replacement apps?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the path to Dun & Bradstreet's $1.7 billion IPO - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check out our article of a SoftBank company IPO tomorrow
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Montenegro's Aman Sveti Stefan, where the rich vacation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. For each virus headline, two more virus headlines grow. COVID19 is like the mythical monster Hydra. i stayed here back in 2018, it is amazing and worth every penny!!! 🥰🥰
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Chinese smartphone giant Vivo's 32-floor tower HQ - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said they gonna built this in Delhi. They betrayed me. vivopakistan you should consider this as well & it's not impossible.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Quibi is working with influencers, inside its strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The status quo wins another day.
Source: BusinessInsider - 🏆 729. / 51 Read more »

India bans TikTok, dozens of other Chinese apps over security concerns - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That's cute 59 is dozens Oh god.. The U.S. should do the same.
Source: BusinessInsider - 🏆 729. / 51 Read more »