Synopsis
In India’s smartphone market, Lenovo and Motorola collectively have a lower than 1% share, which has shrunk lately because of the onslaught of Chinese language rivals corresponding to Xiaomi, Vivo and Oppo.
New Delhi: Motorola Mobility is in discussions with Indian machine makers Lava Worldwide and Dixon Applied sciences to fabricate as much as $1 billion (Rs 7,400 crore) price of cellphones, as the corporate seeks to shift a portion of its capability out of China, folks acquainted with the matter mentioned.In the event that they signal the contracts, the Lenovo unit would grow to be the primary Chinese language-owned smartphone maker to make use of Indian firms to fabricate merchandise domestically.
- FONT SIZE
AbcSmall
AbcMedium
AbcGiant
To Learn the Full Story, Develop into an ET Prime Member
Sign up to learn the complete article
You’ve bought this Prime Story as a Free Reward
Entry the unique Financial Instances tales, Editorial and Knowledgeable opinion
Already a Member? Signal In now
Why ?
Sharp Perception-rich, Indepth tales throughout 20+ sectors
-
Entry the unique Financial Instances tales, Editorial and Knowledgeable opinion
-
Clear expertise with
Minimal Advertisements -
Remark & Interact with ET Prime group -
Unique invitations to Digital Occasions with Business Leaders -
A trusted staff of Journalists & Analysts who can greatest filter sign from noise
More Stories
Telephone imports surge in Sept as native output fails to satisfy demand
Apple scales chip orders as iPhone 12 gross sales surge
OnePlus India Funding: OnePlus investing Rs 100 crore to construct offline community in India; launches 8T smartphone