Reliance Industries looks to storm entry-level 4G, 5G smartphone market



Four years ago, disbelief rippled through the audience at Reliance’s annual general meeting when Mukesh Ambani said he was launching 4G Volte smartphones under Reliance’s own brand name Lyf at an unbeatable price of Rs 2,999 when the average 4G smartphone at that time cost Rs 4000.
On Tuesday, during the company’s first pandemic-forced virtual annual general meeting, Ambani outlined another vision to disrupt the mobile device market again.
The company, with its new partner Google, will build entry level 4G and 5G smartphones at the fraction of the existing cost based on optimisations to the Android operating system and the Playstore.
If successful, the move could pose serious challenges to competing mobile companies, especially Vodafone-Idea. A large chunk of its customers are still on 2G and 3G. Bharti too will be affected, not to mention BSNL, which does even have a 4G service live, leave alone a phone.

Comments

Popular posts from this blog

Before Bahubali 2, makers to release Bahubali 1 again

Samsung rolls out 'Made in India' privacy app for Galaxy A71, Galaxy A51

Truecaller version 12 with new features for Android users launched