3/24/2024 0 Comments Rotting apple clipart animated gifConsumer sentiment, however, could prove to be the clincher: the Chinese are now upgrading handsets once every three years instead of 18 months. The market was already skewing downward because of inflation, supply chain issues, and China’s zero-Covid-19 policy. Reasons: There’s little room for growth in the world’s largest smartphone market-66% of China’s population is estimated to own smartphones. In May this year, Xiaomi, Oppo and Vivo had rolled back orders by 20% due to muted consumer confidence. We speak to the experts for a deep dive.ĬONSUMER ELECTRONICS Going Gets Tough For Chinese Smartphone MakersĬhinese smartphone shipments are at a 10-year low. □The Indian government revoked the Data Protection Bill after working on it for nearly four years. A proposed new telecom law will also render cross-sector regulation inevitable, since both data transmission and storage are under Vaishnaw’s purview. For example, Meity (Ministry of Electronics and Information Technology) may not only have to work with the consumer affairs ministry-which is developing a framework for fake e-commerce reviews -but also with the commerce ministry, which is shepherding Amazon-Flipkart challenger ONDC. T-junctions : As Union Minister of three major portfolios, Ashwini Vaishnaw is contending with data convergence across tech, industry, and telecom. Civil society groups had criticised the bill for government overreach in the guise of data localisation. Government factions also couldn’t see eye to eye on its intended purpose. Ĭontext : The PDPB was reportedly junked for being outdated and “discouraging to startups”. in the parliament’s ongoing monsoon session. The legislation that will replace the Personal Data Protection Bill (PDPB) may be introduced as soon as this month, i.e.
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