The cruelty of Chinese brands does not end. A day after Germany banned the sale of Oppo and OnePlus phones due to problems with Nokia patents, India wants to ban cheap phones.

The Indian government is fed up with large Chinese companies occupying a high percentage of mobile sales in the country (more than 80 percent in the economic range) and wants to give importance and place to local brands in that segment.

Xiaomi, one of the most affected companies

This measure, which still needs confirmationwould limit sales to major Chinese brands so they could only market Phones with prices over 150 euros and Xiaomi has a wide variety of devices under this price.

But Realme, vivo, Oppo and Samsung won’t be the only ones as they are with Xiaomi. top five brands in the countryand the Indian government believes they are engaging in illegal activities such as: money laundering and tax evasion in its own area.

This news comes at a difficult time for Xiaomi, just a few months after its financial results were shown. First time millionaire losses and their sales will drop by more than four points.

The Indian market is the company’s second largest market after its home country China. sales figures will be greatly affected if this law gets the green light. The range India wants to limit could seriously hurt the brand’s global performance.

Inside last tweet Although several devices have also been launched, fortunately, Xiaomi’s founder and CEO Lei Jung said in a speech on Thursday, August 11th. will not be affected from passing the new Indian law.

Source | GSM arena