Chinese smartphone manufacturers are stressed out as Google has teamed up with one of the most popular technical firms, Reliance. Chinese tech giants have long dominated the biggest market in the world.
Google has made the announcement to invest in Jio Platforms which is a part of Reliance. Jio was a mobile carrier platform that has transformed into technical Hercules. It is said that Google would invest 4.5 billion US dollars into the firm, which is an addition to the big investments which Jio has managed to get this year. Most of the money which is invested in the firm would be utilized in manufacturing phones for the Indian market. It is said about half a billion Indians still need to get their hands on their first smartphone, which becomes a hotbed of the smartphone industry.
Not much is known about the tailored-made phone but it is reported that the smartphone is aimed to bamboozle the smartphone market owned by the Chinese firms in India. According to research, around 75 percent of the market was owned by a group of Chinese smartphone manufacturers.
An entry-level mobile is set to be launched by Jio and Google. This could be a problem for all the Chinese smartphone makers as the anti-Chinese sentiments are there in the minds of the Indian population. Recently the Indian government had banned many Chinese applications in India following border clashes between the two nations. This gave birth to the boycott of Chinese goods in India.
The Indian market is a growing hub for smartphone manufactures as nearly 500 million people are not having a smartphone. The joint venture of Jio and Google is looking to provide them with them a cheap route to experience the smartphones which are alarming for Chinese manufacturers.