Recently, the news about India's forced acquisition of Chinese mobile phone companies has sparked heated discussions.
On August 1, according to India media reports, the India government's forced acquisition of vivo's mobile phone business in India was strongly opposed by Apple.
India's mobile phone market is basically dominated by foreign mobile phone manufacturers.
According to data from market research institute Counterpoint, in the second quarter of this year, the top three manufacturers in the India mobile phone market were: Xiaomi, vivo and Samsung, with market shares of 18.9%, 18.8% and 18.1% respectively.
In order to develop its own mobile phone industry, the India government has come up with a clever trick: compulsory acquisition of foreign mobile phone companies.
After ten years of hard work, Chinese mobile phone companies have developed the best in India, so they are targeted by the India government.
Since 2022, India has continued to use the Foreign Exchange Management Act, the Money Laundering Prevention Act and other means to suppress Chinese smartphone manufacturers such as vivo, Xiaomi, OPPO, and Honor.
Either a fine, or an executive is arrested.
The purpose behind it is very clear, which is to acquire Chinese mobile phone companies.
For various reasons, Honor has announced its withdrawal from the India market.
Under the pressure of the India government, in order to continue to stay in the India market, vivo is considering transferring a 51% stake in India subsidiary to India local technology giant Tata Group.
If the deal goes through, vivo India will become a joint venture controlled by the Tata Group.
The Tata Group is India's largest business group, founded in 1868 and headquartered in Mumbai, India.
Its business spans seven sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals.
Land Rover, the best-selling car brand in the Chinese market, is produced by the Tata Group.
In 2023, Tata Group's operating income of US$150 billion, equivalent to 4.2% of India's GDP, is vital to the India economy.
In order to enhance the international competitiveness of India enterprises, it is a good choice to build the Tata Group into the Samsung of India.
The India government supports the Tata Group to make up for its shortcomings and become bigger and stronger.
As a result, vivo, which has been deeply cultivated in India for many years, was targeted by the Tata Group.
Unfortunately, Apple stepped in to stop it, making the acquisition confusing.
Some people are overjoyed: Apple has come out to help the Chinese people, and they will only buy apples in the future.
Actually, this kind of thinking is a bit naïve.
Apple did not agree to this acquisition, not to help vivo, but for its own sake.
Apple's products in India are manufactured by the Tata Group, and if the Tata Group becomes the controlling shareholder of vivo, the Tata Group will become a competitor from Apple's partner.
For Apple, this is unacceptable.
On the other hand, if Tata Group can buy vivo India today, tomorrow, why can't Tata Group buy Apple's India subsidiary?
The so-called cold lips and teeth, of course, Apple knows.
With these considerations in mind, Apple strongly opposes the acquisition for its own sake.
Now, the ball is kicked to the Tata Group.
He had two options.
First, it continued to acquire vivo and cut off cooperation with Apple.
Second, give up the acquisition of vivo and cooperate with Apple wholeheartedly.
In fact, everyone still admires the glory, the India government is too undisciplined, and withdrawing from the India market is the best choice.
Do you see if the India government dares to move Samsung? Do you dare to touch Apple?
Doing business in India is too risky for Chinese companies.
Such a market, don't do it.
Let the Indians play on their own and see when they can figure out their phones.
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