The price war has pushed the industry into losses and hurt consumption recovery.

Qualcomm’s share has reportedly slipped to about 75% from 100%, and an analyst projects 50% for the S27.

Fiuu works with payment networks including Mastercard, Visa, and Malaysia’s PayNet.

South Korea’s exports to China jumped 69%, while its overall semiconductor sales abroad surged 164%.

Both introduced the platform fee at 2 rupees (US$0,02) in 2023 and have increased it steadily.