Troubles continue to mount for as India joins the and in banning Chinese firms over espionage fears. The company has slashed its revenue target in India by 50 percent for the current year and is also laying off up to 70 percent of its staff in the country. The manufacturer will apparently be retaining employees in research and development and the Global Service Centre.
Tensions between the two countries have been rising ever since a border clash resulted in the death of 20 Indian soldiers. Consumer sentiment has turned sour against China and there all calls to such as smartphones ...
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