As the lockdown of 21 days was announced, many companies are shattered and decided to shut down temporarily before matters get out of hand. The government has passed orders on closing all the workplaces for minimum of three weeks to control community transmission.
Only essential services will be allowed to run. Smartphones, and tech companies are not included in the space so they will remain closed. Foxconn and Wistron which is responsible for Apple’s assemblies in India are postponing production till April 14.
Samsung’s Noida plant, world’s largest smartphone factory will also be closed temporarily. Employees who are taking care of marketing, communications, and R&D will be working from home.
Employees who are working for Vivo, OPPO, LG, and Xiaomi will also be working remotely over COVID-19 situation.
Redmi and Realme have also pushed forward their upcoming phone release in India. Coming to ecommerce, Flipkart suspended all operations for the upcoming weeks. Amazon also has the same story, while OnePlus and Huawei will be putting out warranties for their products which was supposed to end in March by a couple of months.
India is one of the fastest moving smartphone markets in the world. The pandemic seems to slow down the market, we have to wait and see how long this disruption lasts.
Indonesia’s Tangguh LNG provides India with its first LNG cargo
Amazon to end its online learning platform in India
India eases data storage laws in relief for Meta, Google
Xiaomi ends financial services business in India
China smartphone shipments dropped 11% in Q3
© 2022 CIO Bulletin. All rights reserved.