India wants to ban cheap smartphones from China

According to a report by Bloomberg, smartphone manufacturers will no longer be allowed to offer their devices in India for less than Rs12,000 – the equivalent of € 147,00. The Chinese brand Xiaomi, which is the market leader in India with a market share of over 20 percent, would be particularly affected by the government’s measures. According to estimates by Bloomberg, sales of Xiaomi smartphones would drop by eleven to 14 percent or 20 to 25 million units annually in the event of a dumping price ban.