BBk Electronics And Anti-China Protest
In the 21st century, where humans are struggling to capture the market share of their company, one man has accomplished it individually.
Isn’t this terrific having 5 one-of-a-kind brands however you are the proprietor of all? Yes, it has happened. The most trending smartphones all over the world has the same parent company. Have you heard about Oppo, Vivo, RealMe and Oneplus, well if you’re in India then you might have heard of a new smartphone brand “iQOO”. If you haven’t heard about it yet, just read this article and you will know lot more about it. Well, you will be greatly surprised if I say the proprietor of all these brands is the same. You heard it right. The owner of the Oppo, Vivo, Realme, Oneplus and iQOO is the same.
BBK Electronics Corporation, a Chinese multinational organization designated in electronics such as Tv sets, MP3 players, etc is headed by Mr. Duan Yongping. Its headquarter is in Dongguan, Guangdong of China.
It has been serving the electronics industry in China on the account since 1990. Duan Yongping, a billionaire of the smartphone producer organisation, has been the most innovative owner of all time. Previously, Duan used to work in a gaming business enterprise named “subor”. He generated a billion income from that game and after 1995, he left his position from that company. After resigning from his job, he commenced the company named ” Bubugao” which is acknowledged as BBK electronics now. BBK electronics owns most of the factories over 10 hectares of land and has been serving the job to more than 17000 employees. In its initial phase, BBK electronics used to manufacture a variety of CD, MP3 and DVD players with many household appliances.
From the starting of the company, BBK was able to generate suitable revenue per year. After being secure in the discipline of household appliances and CD players, some ideas hit Duan, the proprietor of the company.
He centred OPPO in 2004 below CEO Tony Chen. Oppo used to be no longer the smartphone market before, the agency used to promote BLU-RAY players at its initial.
Later on, VIVO came as a product with a distinct CEO. Similarly, Realme, Oneplus and now iQOO has came into the market. The founder used to be a long way genius that he started off evolved the competition within the company. He appointed a distinctive CEO for all of the brands. Oppo and Vivo were the offline brands of BBK, where Realme was both handy in offline and online as well. In the altering state of affairs of Samsung and Apple, One plus came as the top class company having the function that you can see in flagship models of Samsung and Apple. They knew that the competition was quite tough but they made it anyway. Oneplus soon grew to be the premium telephone beneath low-cost charge for middle-class humans as well. The manufacturer advertising technique was also one of a kind as they appoint diverse celebrities as their ambassadors for different mobiles. Thus, Duan yongping is a visionary man of the era, however, the company has been going through lots of hassle amid anti-Chinese product protests in India.
If you haven’t heard about iQOO, lets learn more about iQOO, a subsidiary of BBK Electronics:
- What is iQOO?
iQOO is a new smartphone brand in India, but in China it is still a sub-brand of Vivo smartphones. It launched its smartphones as a Vivo smartphone’s sub-brand but later iQOO became a separate entity only in India.
- Who owns iQOO?
iQOO is owned by BBK Electronics.
- Who is brand ambassador of iQOO?
In India, brand ambassador of iQOO is Virat Kholi, captain of Indian National Cricket team.
- What is the full form of iQOO?
iQOO stands for “I Quest On and On”.
Now let’s have a look at the value of Chinese tech giant amid the Anti-China movement in India.
After the Galwan valley incident, the popular idea that’s resonating with a lot of Indians is that they should boycott Chinese goods and services. This mind is not limited to just Chinese smartphones and electronic gadgets. People are trying to boycott everything that originates from China in order to teach China a lesson. Well, it’s safe to say that a lot has changed since the whole anti-China movement began. As we saw, people in India destroyed there own TVs and gadgets that were developed in China. Even the government has stepped in and has banned the use of more than 200+ Chinese apps. Today we all are taking a look at some Chinese companies and how the whole anti-China movement has affected them.
TikTok was one of the first Chinese apps to get banned in INDIA during the first wave of the apps ban by its ministry. It’s been a few months since the app has been banned in INDIA. The apps parent company ByteDance has lost a significant amount of money due to the ban. According to a report by China state-run media, the Global Times, ByteDance could lose up to $6 billion or Rs forty-five thousand crore after the Indian government decided to ban them.
Pubg Mobile and Tencent:
It has only been a few days since PUBG mobile was banned in India. However, we’ve already started seeing its effects. Chinese technology giant Tencent lost $34 billion in market value in one day after India banned the popular battle royale game PUBG mobile in the country. Now that’s a huge number. Although PUBG is a South Korean gaming app but it’s banned by India because it’s distributed by Tencent in India which is a Chinese company.
Now to comply with Indian Government, PUBG has ended Distribution rights of Tencent in India, though still the main complication is, Tencent also owns 10% shares of PUBG and helps in development of the game, which creates complications to lift the ban by Indian government.
For those of you who don’t know about BBK electronics, it’s a parent company for Vivo. Following the whole boycott China movement, a lot of people started raising questions on the BCCI asking them why they haven’t taken a call on Vivo being title sponsor. It led to protests and calls to boycott the IPL itself following which the decision was taken to drop them as the title sponsors. But Vivo and IPL has done this decision with mutual understanding and it will resume its position of title sponsor next season as the deal was for the period of 5 years till 2022.
There’s also an ongoing report that both Huawei and ZTE are to be kept out of Indian plans to roll out its 5g network. This is primarily due to the rift between the two countries and the boycott china movement is not helping their case at all. This is also a massive blow to both the companies here even though it may not seem like a huge deal to most people.
Though, in this Anti-China Protests, we haven’t heard anything bold decisions against Xiaomi, a highly popular Chinese smartphone brand which has popular sub-brands (Mi, Redmi and Poco) and not sure how long it will remain safe from conflicts created by Anti-China Protests. It’s a huge loss to the Chinese tech giants that were very popular lately. However, the sources have claimed that TikTok is going to collaborate with Pakistani ad agency further to take a new step. The only reason to exile all these Chinese companies and Anti-China protests is only one i.e; the origination of Covid19 from China. While all the big companies are withdrawing their investment from China, India and Bangladesh are busy making the new investment capital for all those tech giants. Microsoft, Walmart and many other tech giants are seeking to buy all those banned apps of Chinese companies. Thus we can see the next level of rivalry among the tech giants and countries politically.
Though, it is one country’s own choice to keep a product in its market or not for its national security and other issues, but if anyone watches these incidents independently as an individual who shares a common globe and loves the technology, that can easily see an unwanted hindrance created by the previous Super-Powers to the upcoming Super-Power of the World, China. It can be felt by anyone these Anti-China protests are just to slow the pace of the development of China. The US-China trade war will not just impact these two countries but the whole globe who are dependent in these two giants for new technologies and similar impact will be seen in Indian subcontinent after the Anti-China Protest by people of India, although no other country in Indian Subcontinent is supporting this Anti-China Protest and only wants to see a peace and development with mutual respect.
We saw a ban on Huawei’s 5G by the US and other allies of the US, though European countries haven’t agree to ban the company that is bringing a technology which can make the internet faster even after the high pressure of the US. But the UK, Australia, Japan, Canada as well as India has dropped the plan to use 5G technology of Huawei from their network.
For the betterment of the World, the development of technologies should not be hampered in this century, it is the time to remember the past and analyse the effects of stopping a growth of technology. Though the hardware are now developed in China but still China is dependent on the US for software and processors, so there’s still the chance for these country to move together as well as India can be again the fastest growing economy if India and China could work together directly or indirectly.