Sony Mobile exits India

New Delhi: Facing stiff competition from Chinese and South Korean players, Japanese conglomerate Sony Corporation has announced to quit the Indian smartphone market.
Sony had less that 0.01 per cent of the total Indian smartphone market share in the first quarter of 2019, according to Counterpoint Research.
Sony Mobile, however, said that it would continue to monitor the market situations and business feasibility in the country. The company assured that it would continue its customer support operations including after sales support and software updates for existing customers in India. (IANS)