It is not going to be easy for Big Tech in India
Big Tech companies hoping to take advantage of India's huge population are going to find life difficult as the country has had enough of Silicon Valley antics.
Where no one can afford them
Fruity cargo cult Apple will begin assembling its top end iPhones in India through the local unit of Foxconn as early as 2019.
No affiliated companies or special discounts
US e-commerce giants have been banned by the Indian government from selling products supplied by affiliated companies on their Indian shopping sites and from offering their customers special discounts or exclusive products
Sales fall by a quarter
Apple’s iPhone sales are set to dip by around a quarter in India’s holiday season fourth quarter, putting them on course for the first full year fall in four years.
And it will not reduce its prices
After Apple failed to make a significant dent in China, it looked to the more populous India to make up the cash. However there are indications that all is not well in the ancient land.
Google to appeal Indian antitrust ruling
Google has said an Indian antitrust ruling that found it was guilty of search bias could cause “irreparable” harm and reputational loss to the company.
Government minister touts ancient Indian engineering feat
Ancient Indians invented the internet thousands of years ago, according to an Indian government minister.
Likely to bring $2.5 billion investment
Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as $2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs.
Software services sector expected to grow again next year
India’s software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019 after one of its worst years ever.
Increasing the price is a nationwide face-palm
The fruity cargo cult Apple has decided to punish its poor Indian customers for its government daring to make it pay tax by raising its prices even more so that less people can afford them.