Categories: IntexNews

Intex expected to launch feature phone with 4G Support Soon

Intex is planning to launch its new 4G phone series after Reliance Jio Infocomm decided to extend its free voice calling service till March 2017 also company expected to launch feature phones with 4G VoLTE support

According to reports, Reliance Jio is also preparing to launch its own series of 4G-enabled phones that will cost below Rs 1,000 and provide unlimited voice and video calling facility to its users. Feature phones have a tremendous appeal in the Indian rural market, which the companies including Reliance have been trying to tap by launching phones with 4G VoLTE capabilities.

“We are in discussions to launch 4G feature phone in the market while many other brands have also been working on bar phones with 4G technology. There is a clear advantage for the customer so the companies have been taking steps accordingly,” said Nidhi Markanday, Director and Business Head of Consumer Durables and IT Accessories, Intex.



The Indian consumer electronics major has a 10 per cent market share in the mobile phone segment with feature phones contributing 65 per cent of its total sales.The company has sold 20 million handsets as of November this year.Out of the total handsets sold, 14.6 million were feature phones. Last year, the company had sold 19.8 million handsets, out of which 12.60 million were feature phones.

Intex currently sells a little over 30 models in the smartphone category and has as many as 60 more models in feature phone segment in India.  While 90 percent of its smartphones are 4G-enabled, the company is now planning to launch new 4G feature phones to gain from recent developments. At present, the cost of an Intex smartphone will range between Rs 3,500 and Rs 5,800. Meanwhile, feature phone are priced at around Rs 800.

Intex, which had tied up with Reliance Jio for all its smartphone models, has also entered into another tie-up offering free call duration to its costumers this month.

Speaking about the impact of demonetization on the mobile phones segment, Markanday said: “There is a 40-45 percent decline in overall business, including the mobile phones segment due to which we had to cut down one shift at our Greater Noida plant.”The company, however, hoped to end the financial year with a revenue growth of 6,400 crores.


Source

SHARE

Stay connected with us for more Tech News Facebook Twitter  Instagram YouTube Android App Subscribe by Email

Recent Posts

iQOO Neo11 with 2K 144Hz display, 7500mAh battery Launched

iQOO has launched the iQOO Neo11 smartphone in China. iQOO Neo 11 has a 6.82-inch…

8 hours ago

CMF Phone 2 Pro vs Nothing Phone 3a Lite

Nothing has launched the Nothing Phone 3a Lite smartphone. Check out the price, specs, and…

1 day ago

Nothing Phone (3a) Lite with Dimensity 7300 Pro Launched

Nothing has launched the Nothing Phone (3a) Lite smartphone. It has a 6.77-inch FHD+ 120Hz…

1 day ago

OnePlus 15 to launch in India on November 13

OnePlus to launch the OnePlus 15 smartphone in India on November 13. OnePlus 15 has…

1 day ago

Moto X70 Air with Snapdragon 7 Gen 4, 4800mAh Battery launched

Motorola has launched the Moto X70 Air smartphone in China. It features a sleek design…

3 days ago

OnePlus 15 vs iQOO 15

OnePlus has launched the OnePlus 15 with the Snapdragon 8 Elite Gen 5. Check out…

3 days ago