Moreover, the market leader in the premium segment of smartphones Apple also imported both finished and unfinished smartphones from China to India.
But now with manufacturing industries remaining standstill in China, a crunch in the stock of Apple smartphone might hit the Cupertino-based company.
However, a few companies such as South Korea-based Samsung are still breathing a sigh of relief amid the coronavirus outbreak.
Will Indian Companies Benefit From Coronavirus?
Besides foreign players, Indian manufacturers are also trying to improve their position in the mobile market of the country amid the coronavirus outbreak. | To read full story, visit https://startuparound.com/read/1582200081.86703/Will-India’s-Smartphone-Market-Face-Crunch-Amid-Coronavirus-Outbreak??ref=audio_experience