NEWS
[advertise]广告[/advertise]12/16/2009, India government announced yesterday that they will impose temperare antitrust tax towards Chinese communication equipment suppliers. The highest tax will be 236% of the orginal equipment price. According to website of minstry of commerce, the financial department of India will impose speical antitrust tax towards SDH equipments from China. With this special tax, Chinese equipment suppliers will face big cost increase. For example, Huawei's cost will increase 50%, Shanghai Bell Alcatel will increase 29%, Hangzhou ECI will increase 93%, ZTE and Fiberhome will increase 236%. Since year 2008, India has had more new subscribers than China in communication field.Both Huawei and ZTE take India as their 2nd largest market after mainland China. Last year, Huawei's revenue in India reached 1.3billion USD, and has more than 4000 employees. They also have plan to hire 2000 more employees. ZTE has more than 1000 employees in India, 0.8-1billion USD revenue every year. This is not the first time India government tried to block Chinese communication equipments in the last half month. Early this month, India blocked "pirated cellphones" from China. On Dec. 8, India announced that they will monitor business development of many big Chinese companies in India. And this is the 3rd time.