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Vivo battery ban may drag on Indian phone supply surge

China 2832 Corp - Shipping 906 India 453 Info Tech - Comms Equip 183 Mode - Airfreight 177 Mode - Seaborne 1724

Container line Ocean Network Express has joined various airlines in refusing to carry Vivo’s Y20 mobile phone or batteries due to recent fires linked to the model. That could slow Vivo’s recent growth in emerging markets. That growth can be seen in Indian imports of the firm’s phones which climbed 28.5% higher year over year in the three months to Feb. 28 and by 49.0% in February alone. Vivo’s expansion has been similar to that seen across the industry, with total Indian imports of phones and parts up by 31.2% year over year in February. The expansion has been led by a 65.1% jump in ship...

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