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OnePlus shows how to become India’s top smartphone seller

Bloomberg India is arguably the world’s toughest smartphone market — just ask Apple. Yet Chinese manufacturer OnePlus has found a path to success in the country of 1.3 billion. As Pete Lau, OnePlus’s co-founder and chief executive officer, describes it, OnePlus targeted younger users with stylish and affordable Android-based phones. Rather than plastering shops with ads, student ambassadors promote the ...

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Qualcomm receives Taiwan reprieve amid global antitrust battle

Bloomberg Qualcomm Inc., the smartphone chipmaker fighting regulatory actions and lawsuits threatening its most profitable business, has reached a settlement with Taiwan’s antitrust regulators that reverses most of a $773 million fine. As part of an agreement announced by the Fair Trade Commission, the company will invest $700 million over the next five years and boost research activities in Taiwan, ...

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Asia’s $184 billion debt wall to spark buybacks, bond swaps

Bloomberg Asian borrowers faced with rising refinancing needs are expected to actively engage bondholders ahead of debt maturities as they look to stave off default risks. That means getting investors to agree to discounted buybacks and maturity extensions, so-called liability management deals that can help firms cut funding costs. More issuers are in talks with their legal advisers to reassess ...

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