Chinese smartphone brand Comio to exit India

as informed in Chinese smartphone brand Comio, one of the fastest growing smartphone brands in India in 2017, is exiting the country since it isn't making money and its Chinese promoters aren't infusing capital, said its India business CEO Sanjay Kumar Kalirona.In an email to retailers sent on November 26, TopWise Communications (which owns the Comio brand) India CEO Kalirona said, "Chinese team members left India in the first week of November, 2018, abruptly and asked us from China to close the operations immediately. It used to assemble all its products in India through Chinese contract manufacturer Vsun. Comio is the second smartphone brand to exit India after Taiwan's HTC . He said the segment where Comio used to sell is highly competitive and the brand could not compete with the biggies. Till September, there were 200 employees in Comio India and currently there are 50," Kalirona told ET.

Realme becomes 3rd largest smartphone brand in India in 6 months: Report

Realme launched its 5th smartphone, Realme U1, in India today that will be sold exclusively on Amazon from 5 December with prices starting from Rs 11,999. New Delhi: Within just 6 months of its launch, Chinese smartphone brand Realme has quickly snatched market share from existing players and is now India's third largest smartphone phone brand, according to a market report released today. Research firm Counterpoint said during the Diwali festive season sales, which ran from October 9 to November 8, the newly launched online-only smartphone brand, Realme, posted a record performance for any new brand in India. If festive season sales are to be considered, Realme is now India's third largest smartphone brand in volume terms. The Chinese brand launched its 5th smartphone, Realme U1, in India today that will be sold exclusively on Amazon from 5 December with prices starting from Rs 11,999.

Social media and fake news: how the smartphone is transforming India

as informed in In 2000, only 20 million Indians – or two per cent of the population – were online. "This book asks whether the smartphone will create a similar infrastructure – real and imagined – in India. The internet in India makes people equal."Dealing with the badOn the flip side, though, look at fake news. Many of the 220 million Indians on WhatsApp are ill-prepared to pick out the flotsam of truth in the tidal wave of fake news. "India will find a way to be India."India Connected: How the Smartphone is Transforming the World's Largest Democracy, published by Oxford University Press, is out now

collected by :John Smith