Dixon Technologies is buying a manufacturing unit from telecom operator Bharti, whose share in the fixed-line broadband market recenly slipped from second to third place in India.
Xiaomi maintains lead in India in 3Q21
According to Canalys Research, India's smartphone shipments fell by 5% on year in the third quarter this year and rebounded 47% sequentially. Xiaomi remains the top smartphone brand in the country with 24% market share in the third quarter, shipping 11.2 million units.
Tesla lobbies Modi's office for lower taxes on EV
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Reliance's JioFiber beats Bharti in telecom service segment
According to Business Line, Reliance's JioFiber has overtaken Bharti to become the second largest fixed-line broadband operator in India with 14.5% market share and 3.71 million subscribers. The largest operator is BNSL with 21% market share.
Foxconn says it has plans for India
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Dixon plans to invest INR2 billion in telecom segment
According to Business Standard, Dixon Technologies plans to invest INR2 billion (US$26.6 million) under the Indian government's production-liked incentive scheme (PLI), including buying a manufacturing unit from Bharti in order to produce telecom devices.
Article translated by Yusin Hu
