Reliance Google smartphone deal in India threatens Chinese firmsA $4.5 billion deal under which Alphabet Google will collaborate with India Reliance Industries on a new smartphone likely heralds a big shake up for the world second largest mobile market, industry executives and analysts say. Reliance boss Mukesh Ambani, announcing the partnership at his company annual meeting last week, said Google would build an Android operating system (OS) to power a low cost “4G or even 5G” smartphone that Reliance would design. Sentiment was also dented as a spike in new COVID 19 infections forced fresh containment measures notably in Australia, Hong Kong and the United States and fuelled fears about the stuttering economic recovery.
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