KOLKATA: China’s Xiaomi may start making television sets in India from the next quarter in partnership with Taiwanese contract manufacturer Foxconn instead of importing them as it plans to dominate online sales in the upcoming festive season, three senior industry executives said.
The company, which is the biggest seller of smartphones in India, will initially assemble the TV sets while it builds a local component sourcing base. Making the TV sets in India will provide tax benefits, although industry executives said Xiaomi is unlikely to reduce television prices because it already sells them at waferthin or no margins.
