Reliance Jio to launch large-screen smartphones in the budget segment: Report

The company is in advanced discussions for a large order and that has caused a stir in the market, even prompting Flex to negotiate some tax benefits with the government in the SEZ.

|

Mukesh Ambani own Reliance Jio is reportedly planning to launch large-screen smartphones in the affordable segment for those who wish to upgrade from feature phones, as reported by ET.

 Reliance Jio to launch large-screen smartphones in the budget segment

 

"We are trying to work with partners who can bring in affordable large-screen smartphones for a large mass of customers who are yet to make a shift to a 4G smartphone, so that they can experience the right kind of connectivity as well as the right kind of content on devices which are affordable," ET quoted Sunil Dutt, head sales, channel development at Reliance Jio.

Meanwhile, there is a report that Reliance Jio is planning to join hands with US contract manufacturer Flex to produce 100 million mobile phone handsets locally.

The company is in advanced discussions for a large order and that has caused a stir in the market, even prompting Flex to negotiate some tax benefits with the government in the SEZ where its factory is located in Chennai, reported ET.

The research firm Counterpoint said that Reliance Jio captured 47 percent feature phone market in Q2, 2018 driven by the success of its Jiophone. The report also predicts that Reliance Jio is likely to maintain the growth momentum as it refreshed its Jiophone coupled with aggressive upgrade offer of Rs. 501 and bringing popular apps including WhatsApp to Jiophone 2.

The firm also said feature phone shipments grew for the fourth consecutive quarter. This is in contrast to the smartphone market, which is experiencing negative growth rates. Feature phones contributed to 23 percent of the total handset shipments in Q3 2018 and remains a sizable market.

However, it pointed out that after the slowdown of shipments from Jio in India, much of this growth came from Middle East & Africa (MEA), which has emerged as the largest feature phone market globally.

Most Read Articles
Best Mobiles in India

Best Phones

Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Yes No
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more