Saturday, April 13
India Challenges China on Technology
For years, China has been Asia’s technology powerhouse.
It is home to what once were some of the world’s most valuable companies, from Tencent to Alibaba. It is where most of the world’s iPhones and other electronics products are produced. And it is now a serious player in electric vehicles.
But a shift appears to be underway, with other countries in Asia trying to take China’s crown.
India is one of these contenders. New Delhi has sought to woo foreign tech companies and has been increasingly successful, with giants like Apple increasing their presence in the country.
India is looking to boost areas such as high-tech electronics and semiconductor manufacturing, as well as support its burgeoning yet challenged startup scene. READ MORE...
Labels:
China,
CNBC,
India,
Technology
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