Make in India: Coolpad to invest Rs 30 crore for making smartphones here

Chinese handset-maker Coolpad will invest over Rs. 30 crores in the country in manufacturing, research and development (R&D) and design as it launched a new smartphone – Coolpad Note 3 – priced at Rs. 8,999 on Friday.

The company also said it will partner with Videocon to manufacture smartphones in the country and will roll out nearly half a million devices from its facility in Maharashtra.

“The first Made-in-India Coolpad phone will be available in the first quarter of 2016,” Coolpad vice president Johnson Luo said.

“India is very crucial market for Coolpad and we believe we will learn a lot from our investments here. We are here to bring affordable smartphones to the users,” Luo added.

Coolpad, which produces nearly 34 million smartphones every year and has $3 billion (roughly Rs. 19,430 crores) revenue, had earlier launched in India with the Dazen brand name which was a partnership between Coolpad and Chinese search engine Qihoo 360.

“Dazen is no longer a part of Coolpad and has been separated due to a change in investor relations,” Luo said alluding that Coolpad’s 18 percent stake is also owned by Chinese giant LeTV which is also thinking of launching its business in India.

Dazen will continue to sell its smartphones in India under the same brand name.

The company, which was the first to invent dual-SIM dual standby, is betting on the 4G revolution, Indian local language support and customisations for India to push sales of its devices.

The new smartphone, Coolpad Note 3, will be launched in an exclusive partnership with e-commerce player Amazon.

Comments

Google Pixel, Pixel XL pre-orders open: Here are the unique features

Google Pixel, Pixel XL pre-orders open: Here are the unique features Google Pixel and Pixel XL smartphones are available on Flipkart for pre-order. And it looks like Google is only bringing the ‘Quite Black’ colour variant to India for now, with ‘Very Silver’ and ‘Really Blue’ both not available in India yet. Google Pixel and Pixel XL with their premium pricing are set to compete with the likes of Apple iPhone 7, iPhone 7 Plus, Samsung Galaxy S7 and Galaxy S7 edge. Google Pixel and Pixel XL are first ‘Made by Google’ smartphones, and come with Google Assistant in-built, which is also the highlight of the devices. Honor 8 First Look Video Google Pixel and Pixel XL have a aluminum and glass design. Google Pixel is priced at Rs 57,000 for 32GB version in India. The 128GB variant of Google Pixel costs Rs 66,000. Google Pixel XL is available at Rs 67,000 for 32GB stor...

MS Dhoni’s return catch was big moment in the match: Kane Williamson

MS Dhoni’s return catch was big moment in the match: Kane Williamson New Zealand skipper Kane Williamson lauded his bowlers for drying up the runs during India’s chase in the second ODI here, terming Mahendra Singh Dhoni’s brilliant return catch by Tim Southee as a “big moment” in the match. When asked about how the bowlers and fielders responded while defending a low total, Williamson said: “Someone like MS Dhoni, he can finish matches when he is allowed to play his shots. He is the best in the world. That catch was big for us.” Williamson was happy with the manner his bowlers responded on a tricky surface and also gave an insight to how some adjustments led to the Indian skipper playing 37 dot balls. “On this kind of a surface (Kotla), scrapping was important. You needed to put the ball in areas where it’s tough to get away and try and build that pressure. It was an extremely good effort considering that the ball was damp due to dew factor...

NOKIA X REVIEW

NOKIA X REVIEW My green Nokia X (Photo credit: veer66 ) Nokia launched its first 'Android' phone, Nokia X, in India to lure buyers with the prospect of Android app support. The smartphone maker believes it will act as a 'feeder' for its Lumia phone range and make the first time smartphone users feel at home before they graduate to high-end alternatives. But does Nokia X live up to the hype surrounding it, or is it a case of too little, too late from the fabled Finnish firm? We find out in our review. Build & design Nokia X takes design cues from both Nokia Lumia 520/525 and Asha 503. It sports the same rectangular design and a colourful polycarbonate shell, which is a bit chunky. As soon as you notice the Asha-like capacitive button with the arrow label at the front, just below the screen, you realize it is not a Windows Phone device. Also, unlike the Lumia 525/520, the edges of the phone are sharp and not rounded. The edges at the front feel roug...

Techno Tube...

Search This Blog