Chinese Economy Watch

Exports are different than purchases. You can export and warehouse cars without customers. How many Chinese cars are actually being bought by consumers?
He does not want to understand that, In Mexico the top cars are Japanese and in Brazil are Fiat, Italian brand.

Chinese cars are sold but they are in small numbers see this news not from Europe but Mexico

Mazatlán, Sin.- Chinese vehicles imported by sea to Mexico have generated a new business model in the port by renting large land to store them, while they manage to travel to other states in the country for sale.

Sergio Rojas Velarde, president of the National Chamber of the Processing Industry in Mazatlán, commented that enabling spaces for storage is also part of the logistics.



However, transportation in containers is more expensive.
For Zalazar, there is also a ambition problem of Chinese car manufacturers, since
new brands are making excess inventory, which put more pressure on the saturation
of the ports.
"In [the port of Lázaro Cárdenas Mexico you see large car parks inside and outside
new, passing one or two

months parked. In general, they are Chinese," he explained.


Ports full of cars are not sold: the suffering of the Argentine market in 2023 also reaches Europe
The drop in sales of electric cars is beginning to show secondary consequences. The main European ports have been accumulating cars for more than a year. The majority are Chinese, who arrived in volumes greater than current demand and suffer from distribution logistics problems. The Argentine case was similar, although for other reasons
The situation is due to a combination of a series of factors. The main one is the lack of customers. Interest in electric cars has fallen and growth is now lower. And it is something especially notable in Chinese brands that, with the exception of MG, do not achieve really significant sales. They are not selling their cars in Europe as quickly as they had hoped, which greatly contributes to the saturation of the region's ports.

 

View: https://x.com/whatcarindiamag/status/1730319972063416772?t=x7yIiliN_x39QBZ0iGid7w&s=19


View: https://x.com/TheJSWGroup/status/1770462481485357435?t=8tDXwWP1Cepu8vQgzRRefw&s=19


heard from Forbes China, SAIC already got money transfer from JSW for share purchase. And SAIC got all the investment in India back, and now new JV company will be new chapter!

View attachment 1951

Avalanche of Chinese cars saturates Mexican ports
1720390530448.png

View: https://www.youtube.com/watch?v=gy1ooqhP8fE&t=4s


However, transportation in containers is more expensive.
For Zalazar, there is also a ambition problem of Chinese car manufacturers, since
new brands are making excess inventory, which put more pressure on the saturation
of the ports.
"In [the port of Lázaro Cárdenas Mexico you see large car parks inside and outside
new, passing one or two

months parked. In general, they are Chinese," he explained.

1720390897576.png

 
Last edited:
Avalanche of Chinese cars saturates Mexican ports View attachment 1962
View: https://www.youtube.com/watch?v=gy1ooqhP8fE&t=4s
However, transportation in containers is more expensive. For Zalazar, there is also a ambition problem of Chinese car manufacturers, since new brands are making excess inventory, which put more pressure on the saturation of the ports. "In [the port of Lázaro Cárdenas Mexico you see large car parks inside and outside new, passing one or two months parked. In general, they are Chinese," he explained. View attachment 1963


Ergo the cars are being exported and warehoused but they aren’t a significant portion of the vehicle sales.
 
He does not want to understand that, In Mexico the top cars are Japanese and in Brazil are Fiat, Italian brand.

Chinese cars are sold but they are in small numbers see this news not from Europe but Mexico

Mazatlán, Sin.- Chinese vehicles imported by sea to Mexico have generated a new business model in the port by renting large land to store them, while they manage to travel to other states in the country for sale.

Sergio Rojas Velarde, president of the National Chamber of the Processing Industry in Mazatlán, commented that enabling spaces for storage is also part of the logistics.



However, transportation in containers is more expensive.
For Zalazar, there is also a ambition problem of Chinese car manufacturers, since
new brands are making excess inventory, which put more pressure on the saturation
of the ports.
"In [the port of Lázaro Cárdenas Mexico you see large car parks inside and outside
new, passing one or two

months parked. In general, they are Chinese," he explained.


Ports full of cars are not sold: the suffering of the Argentine market in 2023 also reaches Europe
The drop in sales of electric cars is beginning to show secondary consequences. The main European ports have been accumulating cars for more than a year. The majority are Chinese, who arrived in volumes greater than current demand and suffer from distribution logistics problems. The Argentine case was similar, although for other reasons
The situation is due to a combination of a series of factors. The main one is the lack of customers. Interest in electric cars has fallen and growth is now lower. And it is something especially notable in Chinese brands that, with the exception of MG, do not achieve really significant sales. They are not selling their cars in Europe as quickly as they had hoped, which greatly contributes to the saturation of the region's ports.


Chinese cars are pouring into Mexico — and the U.S. is worried​

1 in 10 cars sold there today is Chinese, and they dominate Latin America's EV sales​





China becomes Mexico’s largest source of light-duty truck imports​




Mexico: Chinese vehicles account for 30% of imports and 20% of sales

 
Last edited:

Chinese cars are pouring into Mexico — and the U.S. is worried​

1 in 10 cars sold there today is Chinese, and they dominate Latin America's EV sales​





China becomes Mexico’s largest source of light-duty truck imports​




Mexico: Chinese vehicles account for 30% of imports and 20% of sales

Chinese made yes but it does not mean Chinese Brands you are mistaken.
EV sales are poor, do not lie to your self.

Better check the statistics, Mexico have 4 of 10 people in poverty, Argentina too most latin american countries have at least 40% of the population in poverty, you are dreaming if you think EV sales are good in Latin america.

Chinese made cars means car made in China by none Chinese brands too, the sales are poor that in fact they are starting to accumalte in the ports, the reports are there they take several months to move and even they are making business by renting land

Las marcas de autos más vendidas en México durante marzo 2024
Lugar Marca Unidades 2024Unidades 2023Diferencia % 24-23
1Nissan23,53122,6234.0%
3Grupo Volkswagen13,47411,98012.5%
5Toyota9,0917,23125.7%
7Mazda7,2347,1051.8%
9Ford Motor4,2073,17732.4%
1720409918757.png


the proof is easy BYD is not there, and MG sells because many Mexicans think it is british and they buy regular cars, do not dream accept reality there is oversupply now
 
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Ergo the cars are being exported and warehoused but they aren’t a significant portion of the vehicle sales.
he does not understand economics, any economic exchange needs money to flow both ways.
If I sell something to you you need money thus I need to give you something in exchange, so I need to buy from you too。
surpluses mean China is selling more and buying less, this works when the scale is small or the goods are very very cheap.

However when the scale is big, it means the importer suffers, since jobs become scarse and poverty makes people unable to buy.

Ford for example imports cars from China, however exports cars made in Mexico, same are other brands, however BYD or MG do not manufacture in Mexico, so it is a net loss for the Mexican economy  


1720412472253.png


Free trade agreements are made so two countries allow equal oportunities to the companies of both countries, Ford for example has mexican suppliers
1720412802026.png

for Example this electric car by Ford was made in Mexico city.

Chinese imported cars do not help the local economy basically are economic parasites, thus tariffs are right



Torres estimated that 70% of the cost of a vehicle passes through the purchasing office: which covers both the components that go into the car, as well as the transportation of said components and the transportation of the finished vehicle.

According to information provided by the company, it is estimated that around 11% or 12% of Ford's total purchases worldwide are destined for suppliers located in Mexico. And monthly, 65 million pieces purchased in Mexico are shipped to more than 35 locations around the world.
 
Chinese made yes but it does not mean Chinese Brands you are mistaken.
EV sales are poor, do not lie to your self.

Better check the statistics, Mexico have 4 of 10 people in poverty, Argentina too most latin american countries have at least 40% of the population in poverty, you are dreaming if you think EV sales are good in Latin america.

Chinese made cars means car made in China by none Chinese brands too, the sales are poor that in fact they are starting to accumalte in the ports, the reports are there they take several months to move and even they are making business by renting land

Las marcas de autos más vendidas en México durante marzo 2024
Lugar Marca Unidades 2024Unidades 2023Diferencia % 24-23
1Nissan23,53122,6234.0%
3Grupo Volkswagen13,47411,98012.5%
5Toyota9,0917,23125.7%
7Mazda7,2347,1051.8%
9Ford Motor4,2073,17732.4%
View attachment 1995


the proof is easy BYD is not there, and MG sells because many Mexicans think it is british and they buy regular cars, do not dream accept reality there is oversupply now


I m OK with Chinese brands or non Chinese brands made in China exported to Mexico, the production and supply chain were inside, plus GM double the price, show it's win-win game.

Check how the USA capital harvest its peripheral nation brutally:

The GM even dosen't want to R&D according to your local market demand, it just bought/re-brand vehicles from Chinese Wuliang, and imported them into the Mexico, it made $10,000 - $15,000 per, you should notice that, those cars in China are always below $10,000, which means GM made 100%-150% profit, just uses its brand. Now several types on top ranking of Mexico like MPV, SUV, are actually imported/rebranded from China.

So only this one type, GM sold 27000 in 24 months, made them earned at least $300 millions dollars, It's 100% profit! Maybe even more profitble than Mexican most famous products...

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I m OK with Chinese brands or non Chinese brands made in China exported to Mexico, the production and supply chain were inside, plus GM double the price, show it's win-win game.

Check how the USA capital harvest its peripheral nation brutally:

The GM even dosen't want to R&D according to your local market demand, it just bought/re-brand vehicles from Chinese Wuliang, and imported them into the Mexico, it made $10,000 - $15,000 per, you should notice that, those cars in China are always below $10,000, which means GM made 100%-150% profit, just uses its brand. Now several types on top ranking of Mexico like MPV, SUV, are actually imported/rebranded from China.

So only this one type, GM sold 27000 in 24 months, made them earned at least $300 millions dollars, It's 100% profit! Maybe even more profitble than Mexican most famous products...

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It will not last, Mexico makes 4 million cars a year but it only buys 25% of the cars made in Mexico, and buys 60% of cars imported, however you lack grasping economics.

Now the chinese cars are accumulating like in Europe in Mexican ports; however Ford builds the cars in Mexico and exported from Mexico, brings cars from China and import them.

The end result is economically Ford give jobs and products, however Chinese Brands do not sell as you claim, becasue now they have a very low tarfif and there is talk to raise it to 100%

Chinese electric cars rise in price in October
The price of Chinese cars will rise up to 35% or more, due to the end of a period of tariff forgiveness that the Mexican government established in 2020

The price of Chinese electric cars, which are sold in Mexico, will have a strong increase starting in October 2024, which can reach up to more than 35% for the final consumer.

This is due to the end of a period of exemption from the collection of tariffs – or import taxes – that the Mexican government granted in 2020 and which ends on September 30 of this year, unless the government determines to extend the decree, although So far that has not happened.

In such a way that electric cars from Chinese brands that enter the country will have to pay a 20% tariff starting next October 1, the cost of which will be transferred directly to the final price of each unit.


In addition, consumers will have to face an increase in the amount of Value Added Tax (VAT), New Car Tax (ISAN) and import expenses in general.

The latter, due to the increase in the tax base or monetary value of each Chinese electric vehicle, which the Tax Administration Service (SAT) will take into account to apply said federal taxes.

It should be noted that, at the time, the Mexican government determined the suspension of the collection of tariffs on Chinese electric cars, for four years, as a measure to promote the commercialization of environmentally friendly vehicles.

In addition to promoting the “incipient” production of such vehicles and “facilitating access” for consumers to “new clean technologies in transportation,” the Ministry of Economy (SE) indicated through a decree published on September 3, 2020, in the Official Gazette of the Federation (DOF).

How much will the price of Chinese cars rise?
The researcher at the La Salle University Business School, Carlos Alberto Bautista, explained to Publimetro that the “return” of tariffs on Chinese electric cars translates into a real increase of 35% or more in the cost of each car.


He pointed out that, effectively, such impact is the product of the adjustment to the amount of all taxes that the final consumer must pay to the SAT, as well as the general expenses of importing and marketing the units.

Sorry we need jobs too
 
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I m OK with Chinese brands or non Chinese brands made in China exported to Mexico, the production and supply chain were inside, plus GM double the price, show it's win-win game.

Check how the USA capital harvest its peripheral nation brutally:

The GM even dosen't want to R&D according to your local market demand, it just bought/re-brand vehicles from Chinese Wuliang, and imported them into the Mexico, it made $10,000 - $15,000 per, you should notice that, those cars in China are always below $10,000, which means GM made 100%-150% profit, just uses its brand. Now several types on top ranking of Mexico like MPV, SUV, are actually imported/rebranded from China.

So only this one type, GM sold 27000 in 24 months, made them earned at least $300 millions dollars, It's 100% profit! Maybe even more profitble than Mexican most famous products...

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April 25, 2024

Mexico
Mexico imposes new tariffs on imports from China to encourage nearshoring
Andrés Bello Foundation


From now on, more than 500 imported products from China will have to pay between 5% and 50% tariffs on shipments to Mexico, following a new decision made by Mexican authorities to protect national industries.


The government of Mexican President Andrés Manuel López Obrador approved the imposition for two years of taxes on 544 tariff items on shipments with countries with which there is no trade agreement, especially highlighting the case of India and China.

With this decision, the aim is to protect the national productive sectors, as well as the arrival of new companies to Mexican territory (known as nearshoring), according to the Federal Administration.

This measure seeks to be a relief for Mexican companies, which according to the Government, have been hit by the slowdown in global economic trade during the last five years; Therefore, it is expected that with these new conditions there will be greater certainty and justice in the market conditions they face.

Additionally, the new tariff barrier has behind it a serious trade deficit between Mexico and China, which by the end of 2023, will exceed US $104 billion in imbalance. The Confederation of Industrial Chambers of Mexico (Concamin) has warned that last year alone, for every dollar that Mexico exported to China, the Asian country sent 11.4 dollars to Mexican soil.

Among the products that fall within this new ruling are steel sheets, aluminum rods, wood, textiles, footwear, plastics, chemicals, electrical equipment, furniture, musical instruments, among others.

Especially the steel sheets and aluminum rods were a key element within the agreement, since a few months ago Mexico was the protagonist of the strong accusation of importing steel from China in order to carry out a triangulation and sell it to other countries with which they have a Treaty. of Free Trade, as is the case of the United States through the T-MEC.

In fact, some specialists affirm that this new imposition is part of the pressure exerted by the United States, in order to stop the entry of Chinese goods into the North American region.

Regarding this, the Secretary of Economy, Raquel Buenrostro, justified the measure in light of the proliferation of unfair trade practices. “We have observed many products that are undervalued, at very low prices that are displacing our national producers and our small industry and at the end of the day the final beneficiary does not see that savings because it comes to him at a normal price,” he recently declared in a forum in Mexico City that was cited in the media El País.

She knows the main source:

Mexico stands up to Asian imports to encourage nearshoring | The country. (2024, April 24).

Other related sources:

Mexico increases tariffs on China and countries without a treaty by up to 50% | El Universal (2024, April 22)

Mexico increases temporary tariffs, between 5% and 50%, on China and countries without a trade agreement | Aristegui News (2024, April 23).


 
Smartphones have become popular gadgets for daily use. Among all the countries with massive populations, India has one of the fastest-growing smartphone markets. Because of the make-in-India initiative, smartphone shipments grew by 16 percent year-on-year in Q2 2022. The top ten Indian mobile companies for the best smartphones will be discussed in this article.



Ten best Indian mobile brands for robust phones​

1. LYF – Reliance Retail:​

LYF is a part of Reliance Jio (parent company). It takes its culture forward by putting customers at the centre of its business. These Indian mobile phones come with 4G-enabled VoLTE features. It is the second-largest LTE smartphone supplier in India.

LYF builds smartphones with great user experiences (UX). It is among the top five brands in India. It also features HD voice calling, Wi-Fi (VoWi-FI), and high-definition (HD) video calling. It became popular in the market because of its affordable price range.

2. Micromax:​

Micromax Informatics is another well-known consumer electronics brand. It delivers high-quality Indian mobile phones with excellent features. It achieved a large-scale adoption of smartphones and advanced technologies in the Indian market. This largest phone manufacturing company produces budget-friendly smartphones for the Indian market. In 2010–2012, the company also introduced LED TVs and tablets into the market. This Indian mobile brand is popular among youths.

3. Karbonn Mobile:​

It is another of the leading Indian mobile companies that got started in 2009. It has multiple awards under its name. It is a joint venture of Jaina Group (from New Delhi) and UTL Group (from Bengaluru), with headquarters in New Delhi. They aim to benefit a large number of people with their smartphones. Within a short period, its popularity crossed borders – in countries like Sri Lanka, Nepal, and Middle East Asia.

4. Xolo Phones:​

This is another Indian mobile phone brand that has launched its smartphones with Intel processors. It is also the first Indian smartphone company to launch a 4G-enabled smartphone. It partners with AMD. Xolo is also known for introducing the first dual-camera phone in India. Naturally, the brand became a game changer in the domestic market. It is known for its premium smartphones with unique designs and incorporates new technologies.

5. Lava International Ltd.:​

This leading Indian mobile brand has expanded its business across multiple countries. Since 2009, it has remained at the forefront with cutting-edge mobile handsets as a part of the Make-in-India initiative. It is also known for its hardware, software, industrial handset designs, etc. With the aim of “Design in India” initiative, it took complete control over manufacturing and designing phones in India.

6. Intex technologies:​

It is a well-known Indian mobile brand that got incorporated in 1996. This Indian company has a strong presence in IT electronics, consumer durables, and smartphone accessories. The company aims to enhance Indian lives with smooth access to the latest technologies and IT products. Its mobile handsets serve millions of customers from all socioeconomic backgrounds, age groups, and rural and urban India.It has also extended its business to LED TVs.

7. YU Televentures:​

YU Televentures began manufacturing smartphones on December 18 December 2014. It is a joint venture between Micromax Informatics Limited and Cyanogen Inc. This company became a widespread Indian mobile brand and consumer-durable business. YU mobile as a brand has won the trust of millions of consumers with its quality and highly durable smartphones. It is one of the most trusted brands that delivers stylish smartphones with powerful features at an affordable cost. YU has the official Cyanogen OS rights in India. Recently, this brand has also started to manufacture smart TVs.

8. i-Ball:​

It is another homegrown tech accessory brand that has become popular for its mobile handsets and PCs. Since it foundation in 2001, this Indian mobile company has touched over 100 million users, 1 lac active retailers, 5000 (approx.) trade partners, and more than 500 service centres. It has now captured the tech-savvy Indian buyer.

9. Spice Telecom:​

Spice is a well-known Indian mobile manufacturing company. It disrupted the Indian mobile phone market over the past decade. Spice Telecom as a brand remains a trusted strategic partner despite the rapid technological shifts and massive disruptions in the smartphone industries.It provides excellent customer service. The business focuses on telecom-focused IT, fintech, and content solutions.

10. Celkon Mobiles:​

It is a well-known Indian mobile phone manufacturer that aims to eliminate the digital divide. It brings affordable technology to the market. This company has its headquarters in Hyderabad. It has manufacturing units in Telangana and Andhra Pradesh. It left its mark in other countries like Bangladesh, Sri Lanka, Singapore, and Nepal. It also delivers its smartphones in Botswana, Zimbabwe, South Africa, Namibia, and other countries.


Conclusion​

Smartphones have become an essential asset for our everyday tasks. We hope this article has given you a crisp idea of the top ten trusted Indian mobile phone brands. This article also highlighted some powerful business goals for these Indian mobile companies. Other well-known Indian mobile brands are Jivi Mobiles, Onida Mobiles, Loop Mobiles, etc. Piramal Finance is an excellent financing solution for shoppers looking for the best Indian mobile phones. Visit Piramal Finance’s website to learn more about their financial offerings and services, such as EMIs, personal loans, credit cards, etc.
View attachment 1156


Non-thing to do with the topic and non-related to Rockdog's post
 
Non-thing to do with the topic and non-related to Rockdog's post
well that is your opinion and not an opinion shared by other posters.
The relation is simple India has like any country specially a big Economy like India mobile telephone technology and their companies are taken market share against Chinese companies.

It happens every where, making a cell phone or computer these days is not difficult, since most technology is available.

And the fact India companies are grabbing some of their local market shows the competition Chinese companies have in India.

Same is Mexico

Are there Mexican smartphones? The answer is yes, some Mexican brands have smartphones, so we show you that cutting-edge technology is generated in Mexico.


And although it has not been easy for these three companies, which we are going to talk about, to compete against giant companies like Samsung and Huawei, which have the largest share of the Mexican market, little by little they have been growing and democratizing the use of smartphones. among the Mexican population.


Get to know these 3 Mexican smartphone brands:




M4
This company born in CDMX in 2012 has a presence in 10 countries. Thanks to word-of-mouth recommendation, as well as online reviews, he made his smartphone models become a business success.


They own 1.3% of the Mexican market, this thanks to the costs of their equipment compared to many competitors. The Mexican company M4 began producing low and mid-range phones, but thanks to its alliance with Qualcom they have been able to create a portfolio of high-quality mid-range smartphones, which allow the company to grow more every day.






Lanix
It was born in Hermosillo, Sonora during 1991. In its beginnings it emerged as a company that produced computers, however, after 21 years, specifically in 2011, it launched its first smartphone, which was distributed in various markets, especially in Latin America. , this was done with the purpose of expanding their market, which is why they even managed to open offices in other parts of the world, such as in Bogotá, Colombia.


In its history, Lanix has a portfolio of more than 30 mobile phones, through which it has currently managed to have 3.4% of the Mexican market, a factor that has allowed it to generate global alliances with América Móvil and MediaTek.

A very relevant fact about Lanix is that when it started in the market, the telephony giants were Nokia and Blackberry, and although these two almost disappeared from the world market, this Mexican company continued standing and with significant growth.



1720477533460.png

STF
This company, born in the heart of Jalisco, operates under two premises: high quality and low cost. Once you visit their website, you will be surprised to discover that they not only offer cell phones, but also have various products, and most of them are out of stock due to high demand.

Something that caught our attention about this company is that users are completely satisfied with the after-sales service, as well as the customer service they have, even once your warranty has expired STF tries to help you and offer you support .



After discovering these 3 companies based and originally from Mexico, which are dedicated to technological products such as smartphones, there is no doubt that quality technology is being created in the nation, which is why we feel very proud of it.


 
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wellcame mobile s your opinion and not an opinion sharS.Korea.d by other posters.
The relation is simple India has like any country specially a big Economy like India mobile telephone technology and their companies are taken market share against Chinese companies.

It happens every where, making a cell phone or computer these days is not difficult, since most technology is available.

And the fact India companies are grabbing some of their local market shows the competition Chinese companies have in India.

Same is Mexico

Are there Mexican smartphones? The answer is yes, some Mexican brands have smartphones, so we show you that cutting-edge technology is generated in Mexico.


And although it has not been easy for these three companies, which we are going to talk about, to compete against giant companies like Samsung and Huawei, which have the largest share of the Mexican market, little by little they have been growing and democratizing the use of smartphones. among the Mexican population.


Get to know these 3 Mexican smartphone brands:




M4
This company born in CDMX in 2012 has a presence in 10 countries. Thanks to word-of-mouth recommendation, as well as online reviews, he made his smartphone models become a business success.


They own 1.3% of the Mexican market, this thanks to the costs of their equipment compared to many competitors. The Mexican company M4 began producing low and mid-range phones, but thanks to its alliance with Qualcom they have been able to create a portfolio of high-quality mid-range smartphones, which allow the company to grow more every day.






Lanix
It was born in Hermosillo, Sonora during 1991. In its beginnings it emerged as a company that produced computers, however, after 21 years, specifically in 2011, it launched its first smartphone, which was distributed in various markets, especially in Latin America. , this was done with the purpose of expanding their market, which is why they even managed to open offices in other parts of the world, such as in Bogotá, Colombia.


In its history, Lanix has a portfolio of more than 30 mobile phones, through which it has currently managed to have 3.4% of the Mexican market, a factor that has allowed it to generate global alliances with América Móvil and MediaTek.

A very relevant fact about Lanix is that when it started in the market, the telephony giants were Nokia and Blackberry, and although these two almost disappeared from the world market, this Mexican company continued standing and with significant growth.



View attachment 2117

STF
This company, born in the heart of Jalisco, operates under two premises: high quality and low cost. Once you visit their website, you will be surprised to discover that they not only offer cell phones, but also have various products, and most of them are out of stock due to high demand.

Something that caught our attention about this company is that users are completely satisfied with the after-sales service, as well as the customer service they have, even once your warranty has expired STF tries to help you and offer you support .



After discovering these 3 companies based and originally from Mexico, which are dedicated to technological products such as smartphones, there is no doubt that quality technology is being created in the nation, which is why we feel very proud of it.



Ur post shows u have no idea in how the current ICT industry works.

Those mobile phone brands, cleaning robots, they just own brands, most components come from Shenzhen regions and few from other Asia entities like Taiwan, Japan, S.Korea, HK.

Sensors, SoC, Display, batteries... The whole supply chains are in Great Bay Area of Canton.

10 yrs ago, there was an Indian mobile phone brand called micromax, they had nothing but a logo, once Xiaomi and BBK family came to India, its share became 0.1% in 18 months.

Even i can make a logo and total 5G mobile phone solution in 2 month with only $1 million, there are endless ODMs & OEMs in Dongguan.

Dude, showing some forgein unknown brands means nothing. U should try to find a formal job and then understand real world.
 

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