Government Said to Seek Ouster of Chinese Firms From Affordable Smartphone Market

Government Said to Seek Ouster of Chinese Firms From Affordable Smartphone Market

India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs. 12,000 to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi. The move is aimed at pushing Chinese giants out of the lower segment of the world’s second-biggest mobile market, according to people familiar…