Google The company plans to start producing Pixel smartphones in India by the next quarter, the people said. nikkei asia report on Thursday.
US tech giants are looking to tap into India’s booming smartphone market while seeking to diversify their supply chains away from China amid the US-China tensions, the report added.
The move will support Google’s ambitious goal of shipping more than 10 million Pixel smartphones this year, the report said, citing people with direct knowledge of the matter.
The report also states that Google will begin manufacturing Pixel 8 Pro smartphones in the April-June period, followed by Pixel 8 production around mid-2024.
Google will compete with smartphone giants apple Samsung from India, and Chinese brands vivo and Xiaomi.
According to Counterpoint Research, India will become the fifth smartphone market to surpass 10 million iPhone sales in 2023, making it an important market for Apple. report on wednesday.
“The Indian smartphone market in 2023 remained stable with overall shipments of 148.6 million units, but there was a slight decline of 2%,” the research firm said. Canaris finally said Month.
“Samsung maintained its pole position in the fourth quarter of 2023 with a market share of 20% and shipments of 7.6 million units. Xiaomi continued its strong performance and took second place with shipments of 7.2 million units. “We secured the third place with 7 million units sold.” To Canaris.
As tensions between the US and China continue, Apple is also moving its production base from China to India and other countries.
Apple CEO Tim Cook told CNBC last year that India was a “huge opportunity” after meeting with Indian Prime Minister Narendra Modi at the White House.
India offers incentives to companies to set up manufacturing operations in the country. Dell, HP and Lenovo were among 27 companies approved in November to manufacture high-tech hardware in India under the production-based incentive scheme.
Learn more about Google’s plans to produce Pixel smartphones in India. nikkei asiaReport.