Indian smartphone giant Micromax set for international expansion
Micromax, the second largest smartphone vendor in India, has announced plans to expand to China and possibly fund its international expansion via an IPO, according to the WSJ.
Micromax, the second largest smartphone vendor in India, has announced plans to expand to China and possibly fund its international expansion via an IPO, according to the WSJ.
With India now viewed as the main source of global smartphone growth, the latest data from Counterpoint Research shows agile Indian and Chinese brands gaining ground on the leaders.
Swedish infrastructure vendor Ericsson is facing an investigation from the Indian Competition Commission for breaching the Indian Competition Act. Local handset manufacturer Micromax has alleged that the vendor has demanded “unfair, discriminatory and exorbitant royalty” for its patents regarding GSM technology.
Canadian handset maker Blackberry has announced that its messaging platform, BBM, will be installed natively on a variety of Android smartphones in emerging markets including Africa, India, Indonesia, Latin America and the Middle East.
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