Chinese mobile players to take part in Make in India campaign

Indian and Chinese mobile phone industryplayers, including Micromax and Foxconn, will participate in the 'Make in India' campaign and look for partnerships to set up mobile handset and component manufacturing facilities in the country.
"As many as 107 mobile phone industry players of India and China, including Micromax and Foxconn, will participate inthe 'Make in India' campaign. The deliberations will takeplace at the first China-India Mobile Phone and ComponentManufacturing Summit on January 13," Deki Electronics Limited Managing Director Vinod Sharma, also a representative of Electronic Industries Association of India, toldreporters here.
The companies during the summit will look forpartnerships to set up mobile handset and component manufacturing facilities in India, he added.

The summit, being organised by Indianphone industry body Indian Cellular Association in association with Smart World (Shoujibao), China's leading mobile industry service platform and technology media, is anoutcome of Prime Minister Narendra Modi's visit to Chinain May last year, Sharma said.
Major Chinese players like Techno, Gionee, Coolpad, Vivo, ZTE, Meizu and Huawei are expected to be part of the entourage, Sharma said.
The other Indian mobile industry players will be representedby major players like Lava, Karbonn, Spice, Vodafone and Intex, among others, he said.

Sharma said the Chinese companies are keen on setting up facilities in India because their marketback home has dried up as it is saturated and become heavily export dependent.

The abundant application and high security of UnionPay
QuickPass have attracted an increasing number of overseas merchants to offer the service. Cai Jianbo, CEO of UnionPay International, said "UnionPay launched Mobile QuickPass together with commercial banks and major mobile phone manufacturers worldwide. It covers mobile phone brands including Huawei, ZTE and Apple, and supports multiple payment channels. UnionPay will take advantage of its network and technology to accelerate the launch of Mobile QuickPass overseas, and to deliver secure and convenient cross-border payment experience to cardholders.
It is also important for UnionPay to expand Cloud QuickPass on a global scale". UnionPay International has first provided Mobile QuickPass service in markets frequently visited by Chinese tourists.

Australia is the overseas market with the largest number of Quickpass terminals. 30% of brick and mortar stores accepting UnionPay cards accept QuickPass. UnionPay QuickPass is also the most widely used brand for contactless payment in Macao. 90% of merchants accepting contactless payment accept QuickPass. SOGO, 7-11, SaSa and Mannings in Hong Kong, Doota shopping center, GS25 and Watsons in South Korean, and many merchants in Taiwan all accept QuickPass.
Over two billion UnionPay chip cards have been issued accumulatively worldwide, and relative application is enriching. Over 7 million POS terminals in mainland China support contacless payment, and UnionPay is accelerating application improvement and cashier training.

For more information: https://bsmedia.business-standard.comwww.Unionpayintl.Com/ Source: UnionPay International.