China company to bring 4G phone for just Rs 1,500
New Delhi: Throwing yet another challenge to Indian smartphone makers, especially Reliancea��s Jio, A�a Chinese company will be launching a smartphone which would cost just Rs 1,500. Currently,A�entry-level feature phonesA�from Lava and Micromax are priced at Rs. 3,000. The new low cost phone will be available in six months.
A Shanghai-based semi-conductor company Spreadtrum Communications will be making these low cost 4G VOLTE feature phones. Till now only Jio is popular to be making such 4G phones.
Spreadtrum has disclosed that it is working on reducing the starting prices of its 4G capable chipsets by at least 50% to make 4G feature phones priced around Rs. 1,500 a viable proposition.
Spreadtrum hasA�already started the promotion of this conceptA�among its partners so no time is wasted in selling the upcoming low-cost chip to handset manufacturers, according to its country head Neeraj Sharma.
It may be recalled that Reliance Jio is planning to launch 4G VoLTE feature phones priced around Rs. 1,000 a�� Rs. 1,500 through its retail arm.