New Delhi: Will Reliance Jio-Google Partnership successfully take Chinese dominance in the Indian smartphone market? Analysts don’t seem to think so.
Like JIO announced the launch of an affordable smartphone developed together (Jiophone next), which aims to capture a large number of feature telephone buyers, with prices in advance RS 6,499 or bundled Emi plans (18-24 months) after a down payment RS 1,999, analysts do not Read many things.
Meanwhile, having told the telecommunications department would not take advantage of the four-year spectrum payment moratorium.
While the telephone aims to use, and increase, around 350-400 million display telephone customers, analysts say that the EMI plan – ranging from Rs 300 and above – expensive and not too profitable for targeted audiences.
“This is not synchronous market reality and is given a higher price than expected,” Navkendar Singh, research director at IDC, told TII.