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Showing posts from June, 2020

boycott chinese product

boycott chinese product  Is a boycott really the answer? The irony of the boycott is especially ripe considering that among the top five smartphone brands in the country – the fastest growing mobile market – four places are occupied by a Chinese brands. According to a  May 2020 report by Counterpoint Research , in Q1 2020, Xiaomi had the highest market share of 30 percent in the Indian smartphone market, Vivo ranks second occupying 17 percent of the market, Samsung is at number three with 16 percent. Places fourth and fifth are also occupied by Chinese brands Realme and Oppo with 14 and 12 percent market share, respectively. For the uninitiated, Vivo, Realme, Oppo, OnePlus are all owned by BBK Electronics, which is a Chinese MNC specialising in electronics. Xiaomi is also a Beijing-based company. No India-born brand ranks in the top smartphone sellers list. However, for  feature phone market share in Q1 2020 , Lava and Micromax did make the cut to the second and fifth position, respect