Qualcomm refused modems for 2018 iPhone models: <span style='color:red'>Apple</span>
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Qualcomm refused modems for 2018 iPhone models: Apple

　　Taking its legal battle with chip making giant Qualcomm to the next level, Apple has claimed it wanted to use Qualcomm modems in its 2018's iPhone models but the chip maker refused to sell them after being sued by the iPhone maker over its licensing practices.　　The US Federal Trade Commission(FTC) has accused Qualcomm of operating a monopoly in wireless chips, forcing companies such as Apple to work with it exclusively and charging excessive licensing fees for its technology.　　According to Apple Chief Operating Officer Jeff Williams's testimony in court during the FTC trial against Qualcomm, the latter refused to sell its 4G LTE modems to Apple because of the companies' licensing dispute, the CNET reported late on Monday.　　The chip making giant continues to provide the iPhone maker with chips for its older models, including the iPhone 7 and 7 Plus.　　"The strategy was to dual-source in 2018 as well. We were working toward doing that with Qualcomm but in the end they would not support us or sell us chips," the report quoted William as saying.　　Apple reportedly dialled Intel's CEO at the time, Brian Krzanich, to ask the company to supply all modems needed for the iPhone instead of only half the volume.　　However, Williams' comments appear to contradict testimony from Qualcomm's CEO Steven Mollenkopf.　　Mollenkopf on Friday had said on the stand that as of spring 2018, Qualcomm was still trying to win a contract supplying chips for iPhones but that it hadn't "had any new business" from Apple since its previous contracts expired, the report added.
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Release time：2019-01-16 00:00 reading：3103 Continue reading>>
<span style='color:red'>Apple</span> supplier Dialog Semi weathers iPhone slump to hit revenue target
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Apple supplier Dialog Semi weathers iPhone slump to hit revenue target

Chip designer Dialog Semiconductor said on Monday that it managed to hit its fourth-quarter revenue guidance despite a slump in iPhone sales at its main customer Apple.Shares in the Anglo-German company jumped 4 percent as investors credited the company's resilience at a time when other Apple suppliers have slashed or missed their targets.The shares had fallen in early trade after Dialog said unaudited preliminary sales came in at $431 million in the fourth quarter, the low end of a guidance range of $430 million-$470 million, but they rebounded on the broader view that Dialog had weathered Apple's recent sales slowdown well. "Dialog was one of the few Apple suppliers not to warn, stating at the time their comfort with the guidance provided," said Barclays analysts in a note.Around 75 percent of Dialog's business is supplying power-management chips to Apple, which warned in November of slow year-end sales and on Jan. 3 issued its first sales warning in 12 years, blaming weaker iPhone sales in China.Shares in suppliers have been hit as a result, with many forced to revise their guidance lower. Dialog, however, stood by its fourth-quarter revenue forecast and managed - just - to meet it.CEO Jalal Bagherli said in November that Dialog was seeing less of an impact than other suppliers because its power-management chips were used across a broad range of Apple devices and not just in iPhones.Dialog struck a $600 million deal last October to transfer people and patents to Apple as part of a push to diversify its business.The company says the deal will buy it time to expand into new areas such as the Internet of Things that includes connected devices like home speakers, fitness trackers or smart watches.The deal was not expected to affect revenues in 2018, but Dialog will lose out on Apple power chip deals going forward. The company, which will emerge smaller after the transaction, expects Apple to account for 35-40 percent of revenues by 2022.Dialog said its cash on hand was $678 million at the end of 2018, up $199 million year-on-year, and that it was debt-free. It will publish audited results for 2018 on March 6.
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Release time：2019-01-15 00:00 reading：1104 Continue reading>>
<span style='color:red'>Apple</span> Reveals Qualcomm Patent Fees
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Apple Reveals Qualcomm Patent Fees

Qualcomm charges a 5% royalty, or about $12 to $20, per smartphone plus a large “CDMA tax,” Apple’s chief operating officer testified in an antitrust case here. The testimony put on the record some details of Qualcomm’s licensing practices that have long drawn industry complaints.Apple struck a deal with Qualcomm in 2007 to set royalties on iPhones at $7.50 per handset. In 2011, the two struck a deal to keep royalties at the same level while giving Qualcomm “short-term” exclusivity as the iPhone’s cellular baseband supplier.The “7.50 [royalty] may not sound like a lot, but it [amounted to] billions of dollars a year,” said Jeff Williams, who led the first iPhone team and is now Apple’s COO. “It is not FRAND, in our view, compared to everyone else … Qualcomm charged more than everyone else together.”“The alternative was that it defaults to the contract manufacturer’s rate of $17 to $18 [per phone, and] if we pursued them legally, we wouldn’t have access to chips … [and] risk getting our brand-new iPhone enjoined,” said Williams, adding, “Qualcomm represented [$7.50] as the average price paid.”Although patent licensing at the handset level has become widely used, Apple found it unfair.“We led the charge to add a lot of NAND memory” in handsets, but “if we put an extra $100 in NAND, they would get $5 of that even though they didn’t have anything to do with it,” he said. Apple spends “an extra $60 in stainless steel enclosures, and Qualcomm would collect an extra $3 — that didn’t make sense to us, and it still doesn’t today,” he added.The original $7.50 royalty “didn’t apply to CDMA phones or iPads,” said Williams, later calling licensing terms for the cellular protocol that Qualcomm developed “roughly a $250 million CDMA tax.”Apple initially proposed that it pay $1.50 per baseband chip used. Under the final deal, Apple’s contract manufacturers paid Qualcomm its usual 5% handset royalty under their existing patent licenses, Apple reimbursed them, and Qualcomm reimbursed Apple. Apple avoided striking a patent deal directly with Qualcomm under the arrangement.As part of the 2011 deal, Apple asked Qualcomm for a billion dollars to transition from using Infineon basebands.“They wanted exclusivity,” Williams said. “We proposed that we’d give them 100% sole-sourced for the short term, [but] in the long term, that wasn’t our plan.”However, “long-term [exclusivity] provisions wound up in the agreement … [and] made it prohibitively expensive to work with someone else,” he added. “For example, it cut off work with Intel” on a baseband for an iPad Mini in 2013 … overall, “our strategy is to dual-source.”Today, “Qualcomm continues to ship products on [Apple] design wins they have,” Williams said. “We have been unable to get them to support us on new design wins since [Apple sued Qualcomm in 2017]. This has been a challenge.”“Our strategy was to dual-source [basebands] in 2018,” he said. “We were working toward doing that with Qualcomm, but in the end, they would not support us and sell us chips.”As a result, “I went to [Intel CEO] Brian Krzanich and said that I was sorry, but instead of 50%, I need 100%” of iPhone basebands. “He had to scramble and go to his board to get almost a billion in capital to support us,” Williams said.Meanwhile, Qualcomm “is suing us in court all over the world on non-essential patents,” he said. “They are trying to get a hit in any one of those courts with an injunction to cause enough pain to make us pay tens of billions of dollars in their ransom … They said [that Apple is] an ideal target [because] unless [we] run the table, they will win.”In testimony Friday, Qualcomm’s CEO gave his own views on the deal and its efforts to continue working with Apple.Under cross-examination, a Qualcomm attorney noted that Apple gave the chip vendor a “moonshot challenge” to deliver a single chip baseband for LTE. The chip made it into the iPhone 5. In its launch, Apple founder Steve Jobs called the chip “one of the real breakthroughs” of the handset.
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Release time：2019-01-15 00:00 reading：3062 Continue reading>>
<span style='color:red'>Apple</span> Testifies in Q’com Patent Case
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Apple Testifies in Q’com Patent Case

Qualcomm and Apple faced off in San Jose District Court Friday in the ongoing dispute over patents. An Apple executive suggested Qualcomm’s royalties were more than $10 per iPhone.Qualcomm refused to supply chips without a patent license and paid Apple “huge” royalty rebates to use its cellular baseband chips exclusively, according to testimony today by Apple’s head of procurement in San Jose district court. Attorneys for Qualcomm noted Apple used Infineon and Intel modems exclusively at different periods and evaluated several alternative suppliers.The case, brought by the U.S. Federal Trade Commission, alleges Qualcomm has used unfair licensing policies to dominate the cellular chip market for years. Witnesses include a laundry list of carriers and chip and handset makers. The trial before Judge Lucy Koh is scheduled to conclude early next month.Tony Blevins, Apple’s vice president of procurement, recalled a "watershed meeting” in late 2013 with now Qualcomm president Cristiano Amon. At the time Apple was trying to reduce the cost of Qualcomm baseband chips it was using by conducting an analysis of manufacturing costs at TSMC where both companies both made chips.Amon “finally leveled with me. He said, ‘I just came back from an investors conference and I am under intense pressure to monitize [our technology] and I will have whatever the market can bear and Apple can afford to pay this — we don’t need to talk about costs and margins.’”Blevins said he canceled the rest of his meetings for the day. “We needed to do something different or we would be in a bad place, [so] we kicked off a new project to find an alternative supplier” called Project Antique, Blevins said.The effort ultimately led to exclusive use today of cellular modems from Intel’s wireless group, which has its heritage in the Infineon group that was the sole supplier for the first two generations of iPhones, a Qualcomm attorney noted.“We made this challenge, so Qualcomm was no longer willing to sell us chips…we want both Qualcomm and Intel in the mix — competition leads to…more diligent technical schedules and innovation,” Blevins said.Qualcomm’s alleged use of a unique practice of linking patent licensing deals to chip sales is at the heart of the case. Blevins said it first came to his attention in a 2005 letter from Qualcomm in response to Apple’s request for baseband samples and specs as part of an evaluation for the original iPhone.“In substitute of samples, we got this letter” asking for a patent license first. “In 20 years in this industry I had never seen a letter like this…Our interpretation was ‘no license, no chips,’” Blevins said.Qualcomm also asked for a cross-license to Apple’s IP.  “We were taken aback. We knew we would not cross license our IP back to them, we were [just] going to buy a chip,” he said.About two years ago, NXP asked Apple to sign a patent license in exchange for access to its NFC chips. “I was on vacation...and called [the NXP] CEO that day and said if they want more money put it in the hardware [price] and [we’ll see if] it's competitive. They withdrew their request for a license that day,” he said.Apple and Qualcomm struck five patent and supply agreements from 2007 to 2013. The latest ones included deals to get large rebates of royalties pad in exchange for exclusive use of Qualcomm modems.Qualcomm executives Derek Aberle and Amon both suggested Apple could get a “royalty less than $10 [per handset] only if we brought additional value to the table — if you bring me exclusivity,” Blevins said.Apple considered the reduced royalties to be still higher than those paid by its rivals, but they didn’t “gouge us…They made it very unattractive to choose another supplier…it was no longer a level playing field as it was before,” he added.Due to the exclusivity deal, Blevins cancelled plans in the works to use an Intel data-only cellular modem in an iPad Mini 2. Apple had internally agreed the design win would be a step to working Intel modems into iPhones.In a call to Hermann Eul, then Intel's general manager, “I expressed misgivings. They hadn’t don’t anything [wrong, but] we had an agreement with Qualcomm,” he said.In another meeting, the head of Qualcomm’s licensing group, Eric Reifschneider, asserted his dominance over Amon, who led the chip group, Blevins reported.“Cristiano was speaking directly to me, and Eric cut him off and said, ‘I run a division that makes two-thirds of corporate profits and you make one third, so let’s be clear who does the talking,’ I felt it was inappropriate in front of a customer to make such a statement and unfair to Cristiano,” Blevins said.Qualcomm would not agree to terms of supply agreements Apple considered standard with other suppliers, driving harder deals around patents, Belvins said. “It was uncommon for me to deal with any company’s licensing team, but with Qualcomm it became common,” he added.A Qualcomm attorney noted that in 2007-2009 agreements, Apple agreed to pay Qualcomm royalties although it did not buy its chips then. Apple continues to consider Mediatek and Samsung as alternative baseband suppliers and in the past had considered ST Ericsson and Texas Instruments as well, she noted.The FTC continued its case Friday with testimony from licensing and procurement executives from Samsung and Lenovo’s Motorola group.
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Release time：2019-01-14 00:00 reading：1117 Continue reading>>
Qualcomm calls <span style='color:red'>Apple</span> CEO's settlement talk comment
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Qualcomm calls Apple CEO's settlement talk comment "misleading"

　　Qualcomm Inc on Tuesday responded to comments Apple Inc Chief Executive Tim Cook made in an interview, in which he said there had been no recent settlement talks between the iPhone maker and chip supplier in their global legal battle, calling Cook's remarks "misleading."　　The two companies are disputing comments their CEOs have made over settlement talks: Apple's chief on Tuesday said any talks ended in September 2018. In November, Qualcomm's Chief Executive Steve Mollenkopf made comments about the supplier's efforts to resolve the dispute.　　Qualcomm on Tuesday said Cook miscast Mollenkopf's remarks, which did not mention a settlement and which Qualcomm maintains are accurate.　　The war of words is unlikely to play a major role in the outcome of the legal fight between the two firms. But it signals the high stakes and deeply entrenched positions of each side, with Apple arguing in court that Qualcomm charges an unfair "tax" on its phones while Qualcomm fights to protect a patent licensing model it argues has helped bring connectivity to billions of new users through wireless networks.　　In a television interview on CNBC earlier on Tuesday, Cook responded to a question from host Jim Cramer about whether Apple would settle with Qualcomm after Qualcomm had announced legal victories against Apple in patent cases in China and Germany.　　"Look, the truth is, we haven't been in any settlement discussions with them since the third calendar quarter of last year. That is the truth. So I'm not sure where that thinking is coming from," Cook said.　　Cook's comments contrasted with those Mollenkopf made in November on CNBC.　　"We do talk as companies, and I think what you're seeing, really, are activities consistent, really, with the fourth quarter of the game, and not the first quarter," Mollenkopf told CNBC then. "We always talk about – and I've been very consistent - that this second half of and into, is when we're really on the doorstep of finding a resolution."　　In a statement, a Qualcomm spokesperson said the company stands by Mollenkopf's remarks.　　"We have been consistent for the last 18 months in making clear that we have, at various times, been in discussions with Apple about a possible resolution to our licensing dispute," a Qualcomm spokesperson said in a statement. "We have also stated clearly on several occasions that we believe it will be resolved, one way or the other, in the near future, either through a settlement or court decisions."　　The primary case in Apple and Qualcomm's legal battle goes to trial in April.　　Apple has accused Qualcomm of engaging in illegal patent licensing practices to preserve a dominant market position in so-called modem chips, which help mobile phones connect to wireless data networks. Qualcomm has argued that its practices followed decades-long tech industry norms and that Apple has not fairly compensated it for its intellectual property.
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Release time：2019-01-11 00:00 reading：3135 Continue reading>>
<span style='color:red'>Apple</span> CEO Tim Cook: 'I'm very optimistic' about US-China trade talks
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Apple CEO Tim Cook: 'I'm very optimistic' about US-China trade talks

Apple CEO Tim Cook was notably reassuring when asked about the prospects of U.S.-China trade talks in a Tuesday interview with CNBC's Jim Cramer.In the interview, Cook cast the trade-related economic weakness in China as "temporary," saying it was in both countries' "best interests" to reach an agreement."It is a very complex trade agreement and it needs to be updated, but as I've said before, I'm very optimistic that this will happen," Cook told Cramer. "That clearly will be good not only for us, frankly, but I think more about the world in general. The world needs a strong U.S. and China economy for the world economy to be strong."The U.S. and China will continue trade talks in Beijing for an unscheduled third day, a member of the U.S. delegation said on Tuesday, as the world's two largest economies looked to resolve their bitter trade dispute.In the interview with Cramer, Cook said he had "heard some very encouraging words" from people with knowledge of the talks "very recently," and had shared his thoughts and concerns with them."I felt that Tim came very close to saying that we could have a real breakthrough with China," Cramer said on television after the interview. "He was so encouraging, and he said his information was recent."Cook and President Donald Trump have had a mixed relationship, but they've been in touch regularly over the course of Trump's presidency.According to Cramer, host of "Mad Money," Cook said "'my information is basically real time,' and real-time, he feels a lot better … about a possible China deal." Cook was "more bullish than I was," Cramer adds.Last week, Apple lowered its first-quarter guidance, citing economic weakness in China as one of the reasons for the pain. Cook later told CNBC he believed U.S.-China "trade tensions" exacerbated the slowdown in China.If the two countries are able to reach a deal, that will mean good things for Apple's stock, which closed nearly 2 percent higher on Tuesday, Cramer argued."It would be a big breakthrough and make people feel like they should be buying shares of Apple at their current levels," he said. "I took [Cook's remarks] as real upside and it made me feel like the stock is in the process of bottoming here."Cook also told Cramer that Apple's growing ecosystem of devices and services is "probably underappreciated" by the naysayers on Wall Street.
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Release time：2019-01-09 00:00 reading：1046 Continue reading>>
<span style='color:red'>Apple</span>'s China struggles highlight US companies' trade war vulnerabilities
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Apple's China struggles highlight US companies' trade war vulnerabilities

Apple — one of the world's most valuable public companies by market capitalization and a bellwether for the technology sector — slashed its revenue guidance on Wednesday, highlighting just how vulnerable large American companies are to the ongoing U.S.-Chinatrade war.Apple CEO Tim Cook told CNBC's Josh Lipton that the trade dispute between the world's two largest economies is exacerbating economic issues in China, which is an important source of revenue for the company.Other companies could face similar problems, according to experts."Weakening iPhone sales in China highlight the vulnerability of many U.S. multinationals to the U.S.-China trade war, both due the exposure of their manufacturing supply chains to China and because of the growing importance of China as a key consumer market for many U.S. products," said Rajiv Biswas, Asia Pacific chief economist at IHS Markit.Although data showed China's economy holding up for much of 2018, it now appears to be slowing as production metrics and export orders fall amid the country's dispute with the U.S., its largest trading partner.The fallout from a Chinese economic slowdown is likely to extend to other sectors like consumer spending — potentially hitting American companies that are doing business in Asia's largest economy."The U.S. is not the ultimate and unequivocal consumer with powers to dictate U.S.-China trade terms; given ... the undeniably large Chinese market with an aspirational and savvy middle class," said Vishnu Varathan, head of economics and strategy at Mizuho Bank."As such, U.S.-China trade disputes will be bumpy given the gap between U.S. President Donald Trump's perceived sense of leverage and a much more modest reality," Varathan told CNBC.Washington and Beijing agreed in early December to pause tariff escalations, but headlines about the ongoing negotiations have continued to send jitters through the market. Prior to that agreement, China and the U.S. had gone back and forth threatening to implement levies on billions of dollars worth of imports.While high profile, Apple's status in China is unlikely to be a bargaining chip in the trade negotiations, said Dan Wang, analyst at the Economist Intelligence Unit. "It's not a core technolo(gy) that both countries want," she said.However, if the trade dispute escalates, Apple products such as the iPhone may be subjected to higher tariffs imposed by both sides.The "iPhone's vulnerability to the US-China trade war serves as a red flag warning of the importance of concluding a U.S.-China trade deal in early 2019 to end the bilateral trade dispute and remove market fears about further escalation of the trade war," said IHS' Biswas.After all, in the case of smartphones, the Chinese burgeoning consumer class has a plethora of iPhone alternatives to choose from — especially if a trade war with the U.S. sparks anti-American sentiments that extend to products."An antagonistic U.S. may only tip the balance in favor of Chinese consumers adopting home-made devices rather than products like Apple," said Varathan.Louis Kuijs, head of Asia Economics at Oxford Economics, echoed that sentiment, telling CNBC that "this whole trade conflict between the U.S. and China is also affecting a little bit the choices that Chinese people make when they buy phones at the moment."
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Release time：2019-01-07 00:00 reading：1133 Continue reading>>
<span style='color:red'>Apple</span>'s iPhone sales warning is crushing European chip stocks, AMS dives 19%
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Apple's iPhone sales warning is crushing European chip stocks, AMS dives 19%

European chip stocks tumbled on Thursday after Apple cut its first-quarter revenue guidance citing weaker-than-expected iPhone sales and slowing economic growth in China.Austrian chipmaker AMS nosedived 19 percent while Swiss firm STMicroelectronics dropped around 7 percent. Both companies are semiconductor suppliers for Apple devices.Shares of Anglo-German chip supplier Dialog Semiconductors plunged 7 percent at the open in Frankfurt. In October, Apple agreed to buy a portion of Dialog's business in a $600 million deal.Other chip stocks including Dutch firm ASM International and Germany-based Siltronic also fell at the open amid pressure in the semiconductor industry. The broader European Stoxx 600 tech index was the worst performing sector in Europe on Thursday, trading down around 2 percent.The moves in Europe followed losses in Asia's tech sector among Apple suppliers.Apple CEO Tim Cook issued a letter to investors Wednesday lowering the iPhone maker's fiscal first quarter revenue guidance to $84 billion, down from a previous range of $89 billion to $93 billion.In an interview with CNBC's Josh Lipton on Wednesday, Cook said trade tensions between the U.S. and China were one factor weighing on the tech giant's outlook.Apple shares traded down roughly 7 percent in extended hours on Thursday. Several Apple suppliers have cut their outlook in recent months citing weak demand.
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Release time：2019-01-04 00:00 reading：1137 Continue reading>>
<span style='color:red'>Apple</span> slashes revenue guidance, says iPhone sales are weak in China
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Apple slashes revenue guidance, says iPhone sales are weak in China

Apple lowered its Q1 guidance in a letter to investors from CEO Tim Cook Wednesday.Apple stock was halted in after-hours trading just prior to the announcement, and shares were down about 7 percent when trading resumed 20 minutes later.Apple lowered revenue guidance to $84 billion, down from the $89 to $93 billion it had previously projected. The company lowered gross margin to about 38 percent from between 38 percent and 38.5 percent.Apple blamed a variety of factors for the lowered guidance, including a weakening economy in China and lower-than-expected iPhone revenue. Apple said the lower-than-anticipated revenue happened "primarily in Greater China," but also said that upgrades to new iPhone models in other countries were "not as strong as we thought they would be."Cook's letter said fewer carrier subsidies, price increases based on the strength of the U.S. dollar and cheaper battery replacements caused the weak iPhone upgrades for the quarter."If you look at our results, our shortfall is over 100 percent from iPhone and it's primarily in greater China," Cook told CNBC's Josh Lipton in an interview Wednesday. "It's clear that the economy began to slow there for the second half and what I believe to be the case is the trade tensions between the United States and China put additional pressure on their economy."A White House spokesman did not immediately have a response to Cook's comments on the trade tensions between the U.S. and China.There have been several reports pointing to weak iPhone sales in recent months. Some Apple suppliers cut their estimates last quarter, leading many to speculate consumers weren't upgrading to the new models. Apple also took the unusual step of promoting discounted prices for iPhones on its website if customers traded in an older model. The company also increased the trade-in value of some older iPhone models.Despite the lowered guidance, Cook did point out some growth areas in the letter to investors. He said Apple's device install base increased by 100 million units over the last year. Apple has been promoting its growing install base as a way to show it can squeeze more revenue out of each of its uses through subscription services like iCloud storage and Apple Music. The company is said to be considering new subscription products through its Apple News and TV apps as well."We had sort of a collection of items going on. Some that are macroeconomic and some that are Apple specific," Cook said in his CNBC interview. "And we're not going to sit around waiting for the macro to change. I hope that it does and I'm actually optimistic, but we are going to focus really deeply on the things we can control."
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Release time：2019-01-03 00:00 reading：1234 Continue reading>>
<span style='color:red'>Apple</span> Looks to India to Stem Decline in iPhone Sales
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Apple Looks to India to Stem Decline in iPhone Sales

Amid forecasts of declining iPhone shipments, Apple is looking to India to reinvigorate sales, with plans to begin assembling its high end handsets at a Foxconn plant in Tamil Nadu in the south of the country.According to reports, Foxconn will start assembling some of the more recent iPhone X series devices at its plant in Sriperumbudur near Chennai, in southern India. Since Foxconn is currently producing the Xiaomi phones at this factory, the company is plannign a new $356 million iPhone production that will create about 25,000 jobs.Apple's plans to manufacture in India were rejected by the Indian government in 2017, due to Apple’s demands for duty exemption and a relaxation of the 30% mandatory local component sourcing requirement. However, it is believed that ministers requested new proposals and are expected to make an announcement when India’s commerce and industry minister, Suresh Prabhu, meets Apple executives at the World Economic Forum annual summit in Davos, Switerland later in January.Last week, Citi Research slashed its estimate for first-quarter production of iPhones by 5 million, bringing unit sales down to 45 million. Citi also nearly halved expectations on the most expensive iPhone XS Max. Analyst William Yang said the iPhone is entering a destocking phase, which does not bode well for the supply chain.Coupled with the trade war between the U.S. and China and the ban on some iPhones in China, Apple appears to view India as the next possible growth market. It already sells the iPhone 6S and 6E in India, made by Taiwanese manufacturer Wistron in Bengaluru. But since its higher end phones are mainly imported, the high handset cost makes it unattractive for a cost-conscious market. Hence the company appears to be lobbying to obtain tax concessions and incentives from the government so that it can assemble phones locally and reduce the end-user cost for the Indian domestic market.
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Release time：2019-01-02 00:00 reading：1142 Continue reading>>

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