Apple surpassed by Xiaomi, Huawei in China as iPhone market share falls
The plant will be operated with the Indian arm of electronics manufacturer Flextronics International Ltd in Chennai, Huawei said in a statement.
The Chinese firm will also expand its Indian retail network, increasing to more than 50,000 the number of outlets it partners with by the end of the year.
As growth in China stagnates, India, the world's fastest-growing smartphone market, provides Huawei and rivals like Xiaomi Inc with new opportunities to expand.
Earlier this year, a report from market research firm Kantar Worldpanel ComTech confirmed that iPhone’s China market share has dropped to 17.9%, putting it behind domestic competitors Huawei and Xiaomi.
High tech: MOU signed between K-P, Huawei
Kantar says that Huawei now has 25.7%of China’s mobile market, while Xiaomi controls 18.5% of it.
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