Foreign killer! India is playing hooligans to force vivo to sell its Indian subsidiary: Apple openly

According to foreign media reports on August 1, vivo’s mobile phone business in India will be forced to be sold to an Indian company, which has attracted much attention, but now Apple has stepped forward to stop it. The report mentioned that Tata Group’s plan to acquire a majority stake in the Indian business of Chinese smartphone giant vivo has stalled due to Apple’s opposition. Previously, under continued pressure from the Indian government, Chinese smartphone manufacturers such as vivo were forced to sell majority (at least 51%) stakes in their Indian subsidiaries in order to continue operating in India. Since 2022, India has continued to use laws such as the Foreign Exchange Management Act and the Prevention of Money Laundering Act to suppress the business of Chinese smartphone manufacturers such as vivo, Xiaomi, and OPPO in India. Sources said Apple is not happy with the prospect of Tata Group owning a majority stake in a rival company. This is because the Tata Group actually owns a factory that produces Apple products in India. "For Apple, any deal between its key manufacturing ally Tata Group and Vivo would mean a tie-up with a rival." Apple's move to block Tata from a large-scale deal will prompt the conglomerate to carefully consider its future decision making. If the acquisition could be seen as competing with Apple's many businesses, Tata could risk losing its partnership with the tech giant in the future.

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