Chinese brands are boycotting fast in India. People have stopped buying Chinese goods. According to the Chinese newspaper Global Times, there has been a 30% decrease in Chinese goods sales in India, which is a huge economic shock for China. Amidst all this, South Korea’s company Samsung is benefiting the most.
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People of India are buying Samsung smartphones the most. Due to which the Samsung company is getting rich. According to a report, Samsung may regain the second position by the end of September, if not in the June quarter, leaving Vivo behind.
Experts say that in the last one month, Samsung smartphone sales have seen a lot of momentum. With this, Samsung is benefitting crores and sales of Chinese brands are declining rapidly. Samsung has also launched 4 smartphones in the range of 10-20 thousand within 10 days to further strengthen its position in the market. So that it can attract customers.